Allied Bakeries' deal to supply bread to Co-op stores has helped the grocery division of its parent company Associated British Foods (ABF) achieve 7% growth in the third quarter of its financial year. ABF's grocery division posted third ...
Tags: Agriculture, Food
Allied Bakeries is on target to commission its largest bread plant, with a capacity of 10,000 loaves an hour, at Walthamstow in East London this summer. Allied Bakeries plans to commission its largest bread plant, with a capacity of ...
Tags: Allied Bakeries, Food
US retirement and executive benefit plans provider, The Newport Group, has formed a strategic alliance with Analect Benefit Finance (ABF) to offer valuable hedging strategy to executive benefit plan sponsors. As part of the alliance, the ...
Tags: executive benefit plans, retirement plans, Newport Teams
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
Associated British Foods has "emphatically" denied allegations of tax evasion on profits made by its sugar processing operations in Zambia. In a report published by Action Aid at the weekend, the charity claims the Ryvita and Silver Spoon ...
Tags: ABF, Zambia, tax evasion on profits
Associated British Foods (ABF) is embroiled in a tax dodging row with the charity ActionAid over its sugar-producing subsidiary in Zambia. Kingsmill owner ABF denied tax dodging in Zambia According to a report published by the charity, ...
Tags: ABF, ax dodging, Zambia
Few would-be food engineers are “willing to really roll up their sleeves” and engage with unskilled and semi-skilled operators, the boss of Nestlé in the UK and Ireland said. Few engineering graduates have adequate ...
Tags: Graduates, Personal Skills, Business Acumen, Nestle
Associated British Foods has added to its Allinson bakery line in the UK in addition to launching a GBP1m (US$1.6m) marketing campaign, which includes the first TV ad for the brand for a decade. The new line, launched yesterday (4 ...
Higher sugar sales and strong growth at the Primark clothes retailer helped Associated British Foods to insulate itself against tough conditions in the UK food grocery market in its first fiscal quarter. For the 16 weeks to 5 January, ...
Tags: Foods, sugar sales, food grocery market
US-based freight company ABF Freight System's subsidiary U-Pack has gained the best of 2012 award on online website Kudzu.com for its unique moving solutions. Kudzu said more than five million businesses were competed across 30 ...
Rising sugar prices in Europe helped boost revenues and offset flat grocery sales for Associated British Foods in its third quarter. Group sales climbed 13% in the 16 weeks ended 23 June, the Ryvita maker said today (12 July). Sugar ...
Tags: sugar prices, grocery sales, Associated British Foods, third quarter
Annual profits from Associated British Foods' grocery business, which includes Kingsmill bread and Jordans cereal, fell 23%, the UK-based group said today (6 November). Adjusted operating profit from the grocery arm, which also sells ...
Tags: annual profits, Associated British Foods, grocery business, Kingsmill
Premier Foods plc has sold ethnic flour business Elephant Atta to UK rival Associated British Foods, the latest disposal in its move to cut debts. The GBP34m (US$52.8m) deal includes the Elephant Atta brand, which Premier described as the ...
Tags: Premier Foods plc, ethnic flour, food industry, food market
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
Associated British Foods has said it expects "substantial" growth in full-year earnings after its first-half results benefited from a strong performance by its sugar division and Primark. For the six months to 3 March, pre-tax profits ...
Tags: ABF, substantial growth, sugar division, Primark