date:Jul 13, 2012
12. The cut partly reflected restructuring costs, which are now expected to be slightly higher than the 2530M indicated at the first half stage.
It also reflected continued difficult trading, particularly in Australia. Also, Allied Bakeries margins remain under pressure from promotional activity in UK bread, said Jones.
Twinings Ovaltine
But the key profit centre Twinings Ovaltine continues to perform strongly.
The trading patterns in ABFs ingredients business remain the same as the first ha