Kraft sees $1 billion in extra revenue from Cadbury

Kraft Foods Inc., the foodmaker that acquired Cadbury Plc for more than $20 billion this year, said the transaction will produce $1 billion in additional revenue by 2013.

Organic revenue growth, excluding items such as acquisitions, will be 5 percent or more in 2011, the Northfield-based company said today in a statement. Kraft is discussing its global growth strategy at a meeting in New York today.

Kraft, which gained the Cadbury chocolate brand through its takeover of the U.K.-based confectioner, said the purchase will fuel growth by adding scale. The company generates more than half its revenue from outside North America, and plans to expand in countries such as Brazil and China, where economic growth is outpacing that of the U.S.

Kraft rose 24 cents to $31.29 at 10:44 a.m. in New York Stock Exchange composite trading. The shares had climbed 14 percent this year before today.