Interim results from Associated British Foods show increased figures for its Agriculture and Sugar divisions. But the results reflect trading before the COVID-19 lockdown - while the Group’s agriculture and food businesses are likely to be relatively unscathed, the...
The UK’s largest agribusiness, AB Agri, has blamed lower feed margins for a 30% fall in operating profit from its latest full year’s trading, which it terms a difficult year. The company, a division of Associated British Foods, made an operating profit of £42 million...
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...
AB Agri, the agriculture division of Associated British Foods (ABF), has recovered its growth trend after last year’s drop caused by weak feed demand in the 2016/17 period. The AB Agri group of businesses made an adjusted operating profit of £59 million on revenues of...