Higher feed volumes and rising commodity prices have combined to lift full year profitability and revenues for AB Agri, the agriculture division of Associated British Foods (ABF). ABF says food prices will have...
AB Neo
AB Agri ahead in ABF interims
Interim financial figures from Associated British Foods show higher profitability for both its Agriculture and Sugar divisions. AB Agri has reported an adjusted operating profit of £19 million on sales of £746m in the 24 weeks to February 27th 2021, up from £16m and...
Chinese feed sales to lift AB Agri interims
A pre-close trading update from Associated British Foods, ahead of its interim results in April, expects revenue and profit for its Agriculture and Sugar divisions to be both ahead of expectations and H1 2020. However, Group figures will be lower due to the Covid-19...
Rising feed sales lift AB Agri at H1
AB Agri has reported growth in profitability and revenues from the first six months of its financial year. The Agriculture division of Associated British Foods made an operating profit of £23 million on sales of £552m, respective increases of 5% and 12% on the £22m and £491m from the first half of the year before.
Advanced calf milk replacer from AB Neo
AB Neo, a division of AB Agri, has launched Nativa, a new calf milk replacer. The company says Nativa represents a new approach to calf milk replacers, and is very close to whole milk. Although whole milk gives calves exactly what they need for growth and...