date:Jul 13, 2012
o 562/t (711/t) in March. ABF confirmed that the UK sugar beet harvest was 1.3Mt last season compared with 1Mt the year before.
Rampant
Martin Deboo, analyst with Investec, described ABFs sugar business asrampant.
He added: Sugars revenues were ahead by a whopping 54% in Q3 [the third quarter] on the back of strong volumes and high prices in Europe. Strong sales are feeding through to profit and we now expect our estimated financial year 2012 for sugars EBIT [earnings before interest and tax]