Cadbury: Sweet thing

Nelson Peltz has a right to be pleased. The US activist investor’s demand that Cadbury focus on sweets and treats is looking smart. The UK maker of Dairy Milk chocolate and Trident gum on Wednesday joined a dwindling band of companies confident enough to give a forecast for this year. Consumers’ desire to indulge in cheap sugary thrills in sour times has put the world’s largest confectioner in a sweet spot. Cadbury expects revenue growth to be at the lower end of its 4% to 6% range. That’s a be...