[upme_private]Cadbury Plc (Cadbury:NL) released its 2013 H1 results with revenues rising 8.3% t0 N17.4billion (2012 H1: N16billion). Operating profit also rose 171% to N2.7billion as Gross Profit margins improved and operating expenses dipped this period compared to the year before. This also helped push Pre-tax profits to N3.5billion compared to N1.6billion in 2012 H1.
The company also had strong working capital of N8.9billion backed up by a comfortable N16.8billion in the bank. Debt to equity is also very low as the company only has about N1.5billion in current debts.
Cadbury Plc released its 2013 H1 results in the website of the NSE[/upme_private]
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