AB Agri has reported a 3% fall in profitability on 10% lower revenues from its latest full year’s trading, but operating margins over the period were higher.
Weak feed markets cost AB Agri
read more
AB Agri has reported a 3% fall in profitability on 10% lower revenues from its latest full year’s trading, but operating margins over the period were higher.
A pre-close period trading statement from Associated British Foods (ABF) warns that profitability at its agriculture division, AB Agri, will be “just below” the operating profit of £60 million reported last year.
Associated British Foods’ Agriculture division, AB Agri, has reported a 20% increase in profitability from 8% lower revenues in its latest full year of trading. Despite commodity deflation, the business says its enzyme business made a key contribution to the higher...