Shares in Associated British Foods (LON:ABF) sank as a weak showing from its sugar division soured the profit outlook for the foods-to-fashion conglomerate. The sugar division’s struggles overshadowed a resilient Q3 performance from ABF’s cut-price clothing chain Primark, which benefited from June’s hot weather. Associated British Foods is preparing to spin off Primark before the … Continue reading Associated British Foods sinks as sugar sours outlook