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AB Foods still sees lower profit as sugar business losses weigh, shares fall

By Frank Prenesti

Date: Wednesday 01 Jul 2026

(Sharecast News) - Primark owner Associated British Foods said it still expected lower earnings this year as its struggling sugar division expected losses to widen and market conditions to further deteriorate, sending its shares lower in London trade.
Primark's third quarter like-for-like sales fell 2.2% as the Iran war and unseasonal...

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