date:Apr 24, 2014
Associated British Foods Plc (ABF) said its Primark budget fashion chain will open its first stores in the US, driving growth at the unit that will help the company post similar annual earnings to 2013.
Retail profit at the business will be well ahead of last years, helping offset declines at AB Foods sugar business, the London-based company said today in a statement, as it reported little changed first-half adjusted operating profit of 497 million because of falling sugar prices.
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