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Associated British Foods PLC (ABF.L)

ABF.L on London Stock Exchange

2,412.35GBp
8:37am EDT
Change (% chg)

-6.65 (-0.27%)
Prev Close
2,419.00
Open
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Volume
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Wed, Apr 24 2019

Primark cushions AB Foods as sugar earnings dissolve

LONDON Associated British Foods said almost zero first half profit from sugar represented the "low water mark" for the business, forecasting an improved performance as prices improve.

REFILE-UPDATE 2-Primark cushions AB Foods as sugar earnings dissolve

LONDON, April 24 Associated British Foods said almost zero first half profit from sugar represented the "low water mark" for the business, forecasting an improved performance as prices improve.

AB Foods earnings held back by sugar

LONDON, April 24 Associated British Foods reported flat first-half earnings, reflecting a fall in sugar revenue and profit that was offset by growth in all its other businesses.

UPDATE 2-Primark owner AB Foods says no-deal Brexit would be "reckless"

* Shares rise as much as 6.7 pct (Recasts with FD, analyst comment, shares)

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