Cadbury reports improved sales, predicts stronger second half

LONDON Confectionary group Cadbury reported improved trading in April and May, thanks to Easter chocolate sales and new product launches, and anticipated further improvement in the second half of the year, according to the Associated Press.

Despite a slow start to the year, the maker of Trident and Dentyne gum, Halls and Bassett’s candies and Cadbury chocolates predicted a stronger second half that will balance out this year’s sales as a whole.

Gum and candy remained robust, aided by improved performances in several developed markets, Japan in particular.

The company’s share price rose 0.6% to 525 pence ($8.54) on the London Stock Exchange.