Cadbury Q1 pretax profit up 185% yr-yr

Cadbury Nigeria said on Thursday its first quarter (Q1) pretax profit rose 185 percent year-on-year to N1.67 billion, compared with N587 million in the same period last year.

Cadbury, now part of Mondelez International Inc, said turnover grew 16 percent year-on-year to N8.36 billion in the first quarter, up from N7.19 billion in the same period a year ago, according to Reuters.