What the analysts say: the City's take on ABF's H1

By Katy Askew | 24 April 2012

Associated British Foods reported a mixed first-half this morning (24 April), as gains in the group's sugar and Primark units offset falling profits in grocery and ingredients, which were down 32% and 40% respectively. Nevertheless, management remained upbeat on the outlook for the remainder of the year.

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Associated British Foods reported a mixed first-half this morning (24 April), as gains in the group's sugar and Primark units offset falling profits in grocery and ingredients, which were down 32% and 40% respectively. Nevertheless, management remained upbeat on the outlook for the remainder of the year.

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