ABF Results Boosted by Encouraging Ingredients Performance
date:Feb 27, 2014
ar prices, ahead of regime reform in 2017, has been signalled for some time, although the speed with which the market is adjusting has been faster than anticipated, said ABF. The world sugar price has also fallen to what we believe to be an unsustainably low level, putting further pressure on industry revenues and margins. This will be reflected in AB Sugars results, particularly in China. First half sales volumes for Spain, Illovo and China will be lower than last year, the company said in its
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