AB Foods Boosted by Sugar, Ingredients Revenues Struggle
date:Sep 17, 2012
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Grocery revenues for the full year will be ahead of last year. Adjusted operating profit will show a decline reflecting restructuring costs at George Weston Foods in Australia and Allied Bakeries in the UK, margin declines at Allied Bakeries and the difficult retail and competitor environment in Australia.

Twinings Ovaltine, our most profitable grocery business, maintained the momentum of the first half achieving sales growth in tea in the US and a number of international markets, and strong
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