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Strong Pound and Falling Sugar Prices Hit ABF Profits
date:Sep 10, 2015


divisions also helped to keep profits up, but that a strong pound going into 2016 would continue to impact the bottom line. If current rates persist we expect an adverse effect on adjusted operating profit next year. The translation impact will be at a similar level to the current year but the transactional impact will be greater, the statement said.

In terms of sugar, the company said that revenue and adjusted operating profit for AB Sugar for the full year, at both actual and constant curre

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