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Yowie up on local retailer order

Yowie executive chairman Wayne Loxton. Picture: Gerald Moscarda/The West Australian.

UPDATE 2.25pm: Shares in Yowie were higher after the listed confectionary company announced a first container order of its chocolate treats for a "major grocery retailer" in Australia.

The undisclosed retailer will stock the Yowie product from the end of May when a container arrives in Melbourne from the company's plant in Florida.

Yowie said it had received a positive response from Australian retailers to news that the former Cadbury product was being reintroduced.

The Yowie product is a chocolate capsule with an enclosed toy, which became popular under Cadbury 20 years ago.

Yowie Group executive chairman Wayne Loxton has ambitious plans to sell 500 million Yowie chocolates - mostly in the untapped US market - over the next five years.

Yowie shares closed up four cents, or 5.71 per cent, at 74 cents.