date:Apr 28, 2014
Associated British Foods has reported a 1% increase in adjusted operating profit to 497 million for the 24 weeks ended 1 March 2014, on group revenues that were 2% lower than last year at 6.2 billion. At constant currency, first half profits were 2% ahead and when further adjusted for businesses disposed of last year, were 3% higher. Revenues from continuing operations at constant currency were 1% ahead.
Strong performances from the Primark retail business and the Grocery division and an encour