ASBFY Associated British Foods Plc (PK)

LONDON-- Associated British Foods PLC (ABF.LN), the owner of the clothes retailer Primark and a sugar business, Friday said it continues to expect currency pressures to lead to a modest decline in adjusted operating profit and adjusted earnings for the full year

"The good underlying trading achieved by our businesses last year has continued into the new financial year which has started well," the company said.

Shares at 1118 GMT, down 24 pence, or 0.7%, at 3,454 pence valuing the company at GBP27.4 billion ($41.4 billion).

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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(END) Dow Jones Newswires

December 04, 2015 06:35 ET (11:35 GMT)

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