AB Foods sees Primark strong but eyes commodity costs

Associated British Foods, the firm behind retailer Primark and food brands such as Twinings and Ryvita, said that group revenue rose 12% in the first 16 weeks of its accounting year.

Associated British Foods, the firm behind retailer Primark and food brands such as Twinings and Ryvita, said that group revenue rose 12% in the first 16 weeks of its accounting year.

This was helped by an "exceptional sales performance" from its Sugar and Primark divisions, which saw sales growth of 21% and 16%, respectively.

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