Archive of all Associated British Foods articles – Page 6
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NewsExtra share for Kingsmill but Associated profits are flat
Kingsmill maker Associated British Foods reported a rise in group revenues for the past six months but warned that sugar production costs would weigh on profitability in the second half of the year. Group sales were up 9% to £5.21bn in the 24 weeks to 5 March, while pre-tax profits ...
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Kingsmill raises game in seeded with new loaves
Kingsmill is piling the pressure on its slower-performing rivals Warburtons and Hovis with a new seeded bread range that is predicted to hit £10m in sales over the next year. The Associated British Foods business will roll out the...
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Allinson flours are friendlier to nature
Associated British Foods is launching two Nature Friendly flours under its Allinson brand to meet demand for more ethically sourced ingredients. Available in plain and self-raising variants, Allinson Nature Friendly Flour (rsp: 99p) is...
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NewsTwinings and Ovaltine on the boil as ABF profits jump a fifth
“Very strong trading” has helped Associated British Foods post a 20% jump in half-year profits.
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NewsStorm brews over Twinings cuts as workers plan protest
Twinings Tea workers are planning a protest outside the shareholders meeting of brand owner Associated British Foods, scheduled for Friday.
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NewsABF hails Kingsmill's Little Big Loaf for profits boost
Kingsmill maker Associated British Food’s pre-tax profits rose 4% to £655m for the year to 12 September.
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ABF hives off Polish sugar business
Associated British Foods has confirmed the sale of its Polish sugar subsidiary for an undisclosed sum.
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NewsWeak pound helps ABF to revenue surge
The weakness of sterling has helped Associated British Foods to a 19% increase in revenue in the first three quarters – even as the tough UK market continues to put pressure on margins.
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Campaign Trail: Jordans backs the bees
Jordans is hoping to raise awareness of the plight of the bumble bee through a £750,000 campaign called The Big Buzz. In the campaign, which runs until June, the Associated British Foods cereal brand is highlighting the role bees play in the...
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Other Movers 25/4/09
Martin Adamson retired as chairman of Associated British Foods this week after 10 years at ABF, six of which were as chairman. He has been succeeded by non-executive director Charles Sinclair.
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Group sales up but grocery disappoints at Kingsmill baker Associated
Associated British Foods has blamed volatile vegetable oil prices for a "disappointing" performance at its grocery division – although the Kingsmill baker still saw overall sales rise by almost a fifth (18%) for the past six months.
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ABF takes on Lane to build the merged Jordans and Ryvita
Associated British Foods has named Richard Lane as its new business unit controller for its Jordans Ryvita business.Lane is to help oversee the integration of the Jordans and Ryvita operations, merged last June to give ABF a stronger...
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Associated British Foods buys Azucarera
Associated British Foods has confirmed it has agreed to buy Azucarera Ebro, the sugar operations of Spanish food company Ebro Puleva, for €385m (£326m).
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Kingsmill helps ABF shrug off sugar slump as sales soar 21%
An "enormously encouraging" improvement at its Allied Bakeries subsidiary capped a strong performance by manufacturing giant Associated British Foods - to offset increased costs at its European sugar business.
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Associated 'on track' but debt grows
Associated British Foods has said its end of year results, set to be published in November, will be in line with expectations, although the consumer products giant expects its total debt to rise "substantially". The company said its grocery arm - owner of brands including Ryvita and Blue Dragon ...
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Family connections behind Ryvita deal
Jordans, the cereal company, said it chose to merge with Ryvita because of the family values of its owner Associated British Foods (ABF).The two brands combined this week in a cashless deal that gave ABF 62% ownership of the new venture,...
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Jordans and Ryvita to merge
Cereals business Jordans is to merge with Associated British Foods' Ryvita business.Associated British Foods, which took a 20% stake in Jordans last year, will have a 62% interest in the combined business, with the balance held by the...
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Associated British Foods results expected
Associated British Foods is expected to post a pre-tax profit of around £282m, up from £268m, when it unveils its half-year results tomorrow (Tuesday).Analysts are expecting strong performances from its grocery business, British Sugar unit...
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ABF names world food team bosses
Associated British Foods has announced the senior management team for its newly created world foods business.AB World Foods brings together ABF's G Costa division, which has brands including Blue Dragon, and Patak's, which it bought last...
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Twinings aims to boost share of speciality tea
Premium tea brands Twinings and Jacksons of Piccadilly are expanding their ranges with moves into organic and Fairtrade respectively.The two brands, both owned by Associated British Foods, are introducing the new options this month in an...