date:Feb 27, 2014
Associated British Foods plc has issued a trading update prior to entering the close period for its interim results to 1 March 2014 which are scheduled to be announced on 23 April 2014. Adjusted operating profit for the first half is expected to be in line with last year. A much lower profit from Sugar will be offset by another excellent performance from Primark and encouraging results from Grocery and Ingredients.
Ingredients revenue in the first half is expected to be ahead of last year. Prof