ABF to open new bread plant in West Brom

PRIMARK to Pataks owner Associated British Foods hailed an "exceptionally strong" performance by the discount fashion chain as first half sales and profits surged.

The company, which also owns Silver Spoon Sugar and Allied Bakeries, said revenues in the 24 weeks to March 2 rose 10% to £6.3bn and operating profits and pre-tax profits were up 20% and 25% to £496m and £452m respectively.

In the grocery division, which includes Pataks, Twinings Ovaltine and Allied Bakeries, revenues rose 1% to £1.83bn, but operating pro... For the full story register now for free or login below...