Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Conglomerate highlights turnaround in sugar arm
Thursday 10 Nov 2016 Author: Tom Sieber

Primark owner Associated British Foods (ABF) is in demand as it hails 2016 as a ‘turning point’ for its sugar business. The company reported (8 Nov) a 5% increase in full year revenue to £13.4bn, with its earnings per share and dividend also up 5%. As well as a boost from sterling weakness, the company says the Brexit vote could lead to beneficial changes in legislation and trade agreements. (TS)

‹ Previous2016-11-10Next ›