Cadbury Won't Be Egged On Into Cutting Prices ; Confectionery

Summary


Dairy Milk maker Cadbury Schweppes yesterday said its share of the chocolate market suffered over Easter after it held back on price cuts.

The confectionery giant, which owns favourites such as Creme Egg and Green & Black's organic chocolate, is being hit by rising raw material costs.

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Cadbury Won't Be Egged On Into Cutting Prices ; Confectionery

"Our decision to limit our participation in aggressive Easter discounting has impacted our share," the company said.

Nevertheless, despite "walking away from unprofitable promotions", it was "pleased" with it...

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