date:Sep 11, 2012
Food and fashion firm Associated British Foods (ABF) will report adjusted operating profit for the second half of its financial yearsubstantially ahead of last year, thanks to a strong performance in sugar.
Sugar revenues in the second half have been well ahead of last year reflecting the strong commercial environment in Europe [particularly the UK and Spain] and, to a lesser degree, Africa, according to a management statement released before the firm announces its full-year results for the 52