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ABF confident as sugar sours

Focus: Sugar outlook turns sour for ABF

Focus: Sugar outlook turns sour for ABF

Associated British Foods, the Primark-to-Kingsmill bread group, said today (9 September) its second-half performance came in ahead of expectations. However, shares slid on concerns over the longer-term outlook for its sugar business. As sugar turns sour for ABF, the company could be forced to look elsewhere for growth. Katy Askew reports.