ABF Reports Major Revenue Drop on Falling Sugar Prices
date:Jan 20, 2014
nt fall in world sugar prices may put further pressure on revenues and margins, particularly in China. Sales volumes for Illovo and China were lower than last year and reduced sugar production in Spain led to the elimination of non-quota exports this year.

The UK campaign is progressing to plan. Beet quality and sugar content are encouraging and all factories are operating well. Sugar production for the current year is now estimated to be 1.28 million tonnes compared with last years 1.15 millio
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