
ABF reports sugar profitability “below expectations”
ABF has provided a trading update for the first half of the financial year, reporting that profits from its sugar category were below its expectations.
ABF has provided a trading update for the first half of the financial year, reporting that profits from its sugar category were below its expectations.
Kantar has released its latest grocery figures, reporting price rises in confectionary as grocery inflation sits at 3.1%.
International food and retail group Associated British Foods plc (ABF) has released its 2023 annual financial results for the 52 weeks ended 16th September 2023.
The Smart Cube warns that the disruption causing “unprecedented” food inflation levels is far from over as sugar and oil prices are expected to rise.
Scottish manufacturer Walker’s Shortbread has seen its annual turnover climb by 16%, rising from £142.4m to £164.6m in a year.
Action on Sugar has called for products allegedly high in fat, sugar and salt to change their packaging so that they do not appeal to children.