Shares in Associated British Foods fell 7.5p to finish on 843.5p yesterday following the release of its full-year results.

The group reported success in its international hot beverages unit, but warned profit at its European sugar businesses would continue to be hit by changes to the EU sugar regime.

"The results were much as expected but there was little in the outlook statement to give a further push to the shares after the recent run," an analyst told Reuters.