ABF Reports Major Revenue Drop on Falling Sugar Prices
date:Jan 20, 2014
% higher at constant currency. If sterling remains at current rates the impact for the rest of the year will be more significant.

Sugar revenues in the period were 27% below last year at constant currency, and 28% lower at actual rates as the strength of the euro was broadly offset by the weakness of the South African rand. EU sugar prices, as previously indicated, were lower in the period which will lead to lower revenues and margins for both the UK and Spain in the full year. The further rece
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