date:Feb 26, 2016
Associated British Foods, the ingredients, grocery and retail business, has said that operating profits at its ingredients business are on track to trump last year helped by strong sales across yeast and bakery. The company has updated the market on its trading performance in the 24 weeks to February 27 2016.
ABF said that revenues at its ingredients business were also expected to be ahead of last year, with its division in the US and Brazil performing well in difficult economic conditions.
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