Solid peformance from sugar leader, but what does the future hold?

05-Nov-2003 Last updated on 26-May-2017 at 16:25 GMT

British Sugar's parent company, cash-rich Associated British Foods (ABF), delivered a strong set of results for the year with the food and agriculture division pulling in the highest operating profit for the full year for the group. But uncertainties over imminent EU sugar reform and the market's desire to see acquisitions are hanging over the UK company.

Sugar reforms threaten profits for Danisco and ABF

28-Aug-2003

Imminent reforms to the EU sugar regime - likely to be more radical than estimated - could slice millions off the sugar profits for Associated British Foods (ABF), the owner of British Sugar, and Danisco next year, predicts a recent report from...

ABF: steady growth but food not immune

16-Apr-2003

Despite tougher trading conditions UK food and food ingredients business Associated British Foods (AB Foods) reported on Tuesday that operating profit had risen 14 per cent for the first 24 weeks ended 1 March 2003 to £204 million. Recent acquisitions...

ABF sells flour operations

19-Dec-2002

In a bid to streamline its UK milling operations, food and ingredients group Associated British Foods is to sell its British third party flour milling business to ADM Milling, a wholly owned subsidiary of Archer Daniels Midland.