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AB Foods cuts guidance for sugar unit as H1 profits drop

By Benjamin Chiou

Date: Tuesday 29 Apr 2025

(Sharecast News) - First-half profits at Associated British Foods fell by a tenth with sales slightly behind last year, as growth in retail and food ingredients was offset by a "frustrating" performance in the sugar division.
In sugar, persistently low European sugar prices and struggles at its loss-making UK bioethanol...

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