Shares in Cadbury Schweppes rose 5.5p to finish on 575.5p yesterday, amid speculation that Kraft Foods could be interested in the confectionery giant.

In a note, analysts at Panmure Gordon said it believes Kraft is the only credible trade buyer for the company and that a bid would be more likely once Kraft's demerger from Altria is completed.

Panmure Gordon expects Cadbury Schweppes to report organic sales growth of 3.9% and total sales of £7456m in its full-year results on Tuesday (20 February).