Associated British Foods Q3 Revenue Rises 3%; Continues To Expect Lower Annual Profit

India, July 1 -- Associated British Foods PLC (ABF.L) on Wednesday reported third-quarter group revenue of £5.304 billion, up 3% from a year earlier.

Retail, the company's largest division, generated revenue of £2.920 billion, up 4%. Grocery revenue rose 5% to £1.043 billion, and Ingredients revenue increased 7% to £543 million.

Sugar revenue grew 4% to £451 million, while Agriculture revenue fell 13% to £347 million.

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For the year to date, group revenue increased 1% to £14.774 billion.

Looking ahead to the full year, Associated British Foods said its outlook remains unchanged, except for its Sugar business. The compan...