Archive of all Associated British Foods articles – Page 6
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ABF grocery sales hit by loss of Silver Spoon contract with Asda
Associated British Foods has reported a 5% drop in constant currency grocery sales following the loss of contracts at Silver Spoon.
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ABF moves to snap up Dorset Cereals
Dorset Cereals is to be bought by the Jordans & Ryvita Company, part of Associated British Foods.
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Sugar drags on ABF sales but Primark bounds ahead
Tumbling sugar prices and volumes dragged down turnover at Associated British Foods in the first half of the year, the company said today.
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ABF warns sugar will drag on first-half profits
Associated British Foods has forecast that grocery sales growth will be flat in the first half of the financial year.
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Asda cuts Silver Spoon to make Whitworths its main sugar brand
Asda is dropping Silver Spoon as its main sugar brand and switching most of its branded business to rival Whitworths.
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ABF results to be boosted by UK sugar and Primark
Associated British Foods will report better than expected interim results next month, following “outstanding performance” at clothing retailer Primark and good revenues from UK sugar, despite the decline of UK sugar production. UK sugar production for the current year has fallen, the company said in the pre close trading update, ...
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Kingsmill squeezed but Jubilee baking boosts ABF
Associated British Foods has warned of continued pressure on margins at its grocery business, where sales were flat in the past three months.
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ABF in for Elephant Atta as Premier offloads another
Associated British Foods has snapped up ethnic flour brand Elephant Atta for £34m from Premier Foods, marking the latest sale by Premier as it battles to reduce its debt.
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Kingsmill promotions eat into ABF profits
Associated British Foods has beaten market expectations for the first half of 2012 despite a substantial drop in margins for its grocery business.
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Kingsmill squeezed despite outpacing rivals
Kingsmill margins have taken a knock even though the bread brand grew faster than rivals Warburtons and Hovis last year.
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York to leave Premier Foods for pastures new
Ian York, group sales director of Premier Foods, is leaving the group at the end of the year to pursue “exciting new opportunities”. After various jobs with Quaker Oats, Associated British Foods and Blue Crest, York, 52, has spent 17…
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Extra share for Kingsmill but Associated profits are flat
Kingsmill maker Associated British Foods reported a rise in group revenues for the past six months but warned that sugar production costs would weigh on profitability in the second half of the year. Group sales were up 9% to £5.21bn in the 24 weeks to 5 March, while pre-tax profits ...
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Kingsmill raises game in seeded with new loaves
Kingsmill is piling the pressure on its slower-performing rivals Warburtons and Hovis with a new seeded bread range that is predicted to hit £10m in sales over the next year. The Associated British Foods business will roll out the...
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Allinson flours are friendlier to nature
Associated British Foods is launching two Nature Friendly flours under its Allinson brand to meet demand for more ethically sourced ingredients. Available in plain and self-raising variants, Allinson Nature Friendly Flour (rsp: 99p) is...
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Twinings and Ovaltine on the boil as ABF profits jump a fifth
“Very strong trading” has helped Associated British Foods post a 20% jump in half-year profits.
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Storm brews over Twinings cuts as workers plan protest
Twinings Tea workers are planning a protest outside the shareholders meeting of brand owner Associated British Foods, scheduled for Friday.
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ABF hails Kingsmill's Little Big Loaf for profits boost
Kingsmill maker Associated British Food’s pre-tax profits rose 4% to £655m for the year to 12 September.
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ABF hives off Polish sugar business
Associated British Foods has confirmed the sale of its Polish sugar subsidiary for an undisclosed sum.
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Weak pound helps ABF to revenue surge
The weakness of sterling has helped Associated British Foods to a 19% increase in revenue in the first three quarters – even as the tough UK market continues to put pressure on margins.
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Campaign Trail: Jordans backs the bees
Jordans is hoping to raise awareness of the plight of the bumble bee through a £750,000 campaign called The Big Buzz. In the campaign, which runs until June, the Associated British Foods cereal brand is highlighting the role bees play in the...