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Sugar to drive ABF profit growth in 2012

This article was originally published in Foodnews

ASSOCIATED British Foods (ABF), the UK food products and clothing retail group, is expecting a strong performance in its sugar business for the first half of the year, but has warned that profits in its grocery business will be substantially lower. Overall it expects that the interim results will be in line with expectations, and adjusted operating profit will be ahead of last year.

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