ABF attributes profit decline to Sugar category
UK food producer Associated British Foods reported a 12% decline in adjusted operating profit as part of its full year results to 13th September 2025.
UK food producer Associated British Foods reported a 12% decline in adjusted operating profit as part of its full year results to 13th September 2025.
The Food and Drink Federation has updated its food and drink inflation forecast, predicting that it could hit 5.7% by December.
Data from Kantar Worldpanel has shown the result of years of investment made by food and drink manufacturers to slash salt, sugar and calories from British diets.
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.