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Posted by
Two Blokes Apr 29 -
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Shares in Associated British Foods PLC (LSE:ABF) fell sharply as the Primark owner reported a 10% fall in group profits for the first half of its financial year and lowered the full-year outlook for its sugar business. The Silver Spoon and Billington's owner guided to a lower than expected outlook on sugar due to tariff impacts and weaker bioethanol.
