AB Foods Posts Higher Full-Year Profit

Associated British Foods PLC (OTC: ASBFY ) reported a gain in its full-year profit. AB Foods' pre-tax profit for the year surged to 876 million pounds ($1.40 billion), from GBP761 million, in the year-ago period. Its revenue climbed 9% to GBP13.3 billion. AB Foods declared a total dividend of 32.0