AB Agri has opened a new feed mill in China – its ninth since it first entered the Chinese feed market in 1996. The latest investment is a 240,000 tonne annual capacity plant in Tongchuan City, Shaanxi Province. The 34,000m2 site is...
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...
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