Donnerstag, 18. Juli 2024
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Global Industry: ABF announces H1-2020 interim results

Bremerhaven. (bm) Food, ingredients and retail group Associated British Foods PLC (ABF) announced its first half 2020 interim financial results. CEO George Weston: «The group delivered an encouraging trading performance in the first half. The rapid spread of Covid-19 has impacted all of our lives and the human tragedy that continues to unfold has shocked and saddened us all. We are a strong, diversified and resilient group. Our people are working hard to maintain supply from our food businesses. Primark is managing through an extraordinarily challenging period after all of its stores closed in March and our management response to mitigate the cash outflows was swift and proportionate. Although uncertainty remains, we have the people and the cash resources to meet the challenges ahead.» Other topics of the week: