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CBY Cadbury Plc Ads - New Cadbury Plc Ads

52.12
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14 Jun 2024 - Closed
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Share Name Share Symbol Market Type
Cadbury Plc Ads - New Cadbury Plc Ads NYSE:CBY NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.12 0.00 01:00:00

Lindt & Spruengli Expects To Gain From Industry Consolidation

16/03/2010 9:57am

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Cadbury Plc Ads - New Cadbury Plc Ads (NYSE:CBY)
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Chocoladefabriken Lindt & Spruengli AG (LISN.EB), the Swiss premium chocolate maker, expects to benefit from the recent consolidation in the industry.

The intensified concentration among producers will provide new opportunities," Chief Executive Ernst Tanner said in the company's 2009 annual report published Tuesday.

Recent mergers will likely result in more uniform product offers, a trend which is set to increase the cachet of high-end producers such as Lindt & Spruengli, the company said.

Following the merger of Kraft Foods Inc. (KFT) and Cadbury PLC, Lindt & Spruengli is ranked number six global chocolate manufacturer, up one place, the company said.

-By Martin Gelnar, Dow Jones Newswires; +41 43 443 8040; martin.gelnar@dowjones.com

 
 

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