AB Foods Underlying Trading in Line With Expectations
February 23 2015 - 4:02AM
Dow Jones News
By Rory Gallivan
LONDON--Associated British Foods PLC (ABF.LN), the U.K.
ingredients company that also owns clothes retailer Primark, Monday
said underlying trading remains in line with expectations and that
it continues to expect a marginal decline in adjusted earnings per
share for the group for the full year.
"Primark has performed well and its expansion is continuing,
Grocery is expected to deliver a first half operating profit in
line with last year, and Ingredients and Agriculture have made
excellent progress in operating profit, building on their very
positive performances last year," the company said.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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