Sugar leads the way at AB Foods

Revenue growth at Primark-owner Associated British Foods has been in line with the rate reported in the interim results, with the Sugar division the outstanding performer.

Revenue growth at Primark-owner Associated British Foods has been in line with the rate reported in the interim results, with the Sugar division the outstanding performer.

Group revenue in the 40 weeks to June 23rd was up 11% on the corresponding period a year earlier, or 12% higher on a constant currency basis. In the final 16 weeks of that period year-on-year (y/y) growth quickened to 13%.

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