Get the app today! Download iPhone App Download Android App

Associated British Foods Anticipating Good Year, Except In Sugar

Published on Jul 5 2018 9:59 AM in A-Brands tagged: Trending Posts / Associated British Foods / Primark / ABF / Twinings Tea / Paywall

Associated British Foods Anticipating Good Year, Except In Sugar

Associated British Foods, the owner of the Primark retail chain and Twinings Tea, has said that it is anticipating ‘good profit growth’ in its Grocery, Agriculture and Ingredients divisions, however its sugar business is likely to find the going tougher.

The firm today issued a trading update for the 40 weeks to 23 June 2018, in which it said that the revenue momentum of the first half continued in the third quarter.

Group revenue for the period was 3% up on the same period last year at constant currency and 2% ahead at actual exchange rates.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email