ABF/Vivergo
09/11/10 -- ABF's annual accounts are out today in which they report: Group revenue up 10% to GBP10.2 billion; Adjusted operating profit up 26% to GBP909 million; Adjusted profit before tax up 26% to GBP825 million.
Group darling, bespoke tailor and haute couture fashion house Primark weighed in with an "exceptional year" generating revenue of GBP2.73 billion (up 18%) and an adjusted operating profit of GBP341 million (up 35%).
Agriculture chipped in with revenues of GBP954 million (up 4.5%) and an adjusted operating profit of GBP33 million (down 3%).
In the accompanying notes they say: "Construction of Vivergo’s wheat bioethanol plant in Hull in the UK will be completed in December, and commissioned during spring 2011 with operation scheduled for the summer."
Group darling, bespoke tailor and haute couture fashion house Primark weighed in with an "exceptional year" generating revenue of GBP2.73 billion (up 18%) and an adjusted operating profit of GBP341 million (up 35%).
Agriculture chipped in with revenues of GBP954 million (up 4.5%) and an adjusted operating profit of GBP33 million (down 3%).
In the accompanying notes they say: "Construction of Vivergo’s wheat bioethanol plant in Hull in the UK will be completed in December, and commissioned during spring 2011 with operation scheduled for the summer."
