AB Sugar is to reopen its Vivergo wheat to bioethanol plant on Humberside. This follows the government decision to introduce the E10 road fuel grade - 10% bioethanol and 90% petrol - later this year, AB Sugar parent Associated British Foods (ABF) has announced in a...
Full year results from Associated British Foods show that the Agriculture division, AB Agri, maintained profitability and revenues at last year’s level, despite the effect of Covid-19 restrictions on demand for animal feeds during the period. The division made an...
A trading update from Associated British Foods covering the first 16 weeks of the current financial year notes that revenues at the group’s Agriculture division, AB Agri, are running 10% ahead of the same stage of the previous year. However, margins have declined....
A pre-close trading statement from Associated British Foods, ahead of full year results in November, forecasts reduced profitability from higher revenues for its Agriculture division which trades as the AB Agri group of companies. AB Agri revenues will be “well ahead”...
Lower co-product feed volumes have helped to reduce AB Agri’s interim profitability by 38%. Low world sugar prices wiped out the Sugar division’s profitability over the same period. Associated Brtish Foods (ABF)’s Agriculture division returned an operating profit of...
A pre-close period trading update from Associated British Foods (ABF) notes that operating profit for its Agriculture Division, AB Agri, will be reduced following last September’s closure of the Vivergo bioethanol plant, even though this is managed by the Group’s AB...