date:Apr 28, 2014
record results and cost savings were successfully delivered by a continuous improvement and overhead reduction programme. The profit reduction was driven by low world sugar prices and a rapid change in the EU sugar market ahead of regime reform in 2017. According to ABF, its EU sugar operations are well placed to succeed in the post-reform environment with highly efficient and well-invested factories. Africa continues to offer low-cost production and growth opportunities, and profitability inCh