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Strong Pound and Falling Sugar Prices Hit ABF Profits
date:Sep 10, 2015
nd, as a consequence, margin will be much improved.

AB Mauri, the bakery ingredients and yeast business delivered a second year of significant profit recovery. This was driven by its operations in the US and Canada and, despite difficult economic conditions, Brazil and HispanoAmerica also made good progress. Cost reduction and improved plant utilisation resulted in a better operating result at Veracruz in Mexico. The newly integrated milling and bakery ingredients business in Australia and New

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