Associated British Foods finance director John Bason on Brexit, M&A and grocery results - interview
Much of the investor commentary around Associated British Foods can focus on Primark, with the UK-based clothing retailer the largest of the conglomerate's divisions by sales and its most profitable when looking at operating margin. That largely rang true yesterday when ABF reported its annual results but Dean Best caught up with John Bason, the Kingsmill maker's finance director, to discuss how the company's grocery operations had performed, its recent disposal of assets in the US and the impact Brexit could have on the grocery chunk of the business.
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