AB Foods earnings fall 40% on Primark's COVID-19 hit

LONDON, Nov 3 (Reuters) - Associated British Foods
on Tuesday reported a 40% fall in full year earnings, with a
COVID-19 related hit to profit at its Primark clothing business
outweighing increases at its sugar, grocery, agriculture and
ingredients divisions.

The group said it made adjusted earnings per share of 81.1
pence in the year to Sept. 12, down from 137.5 pence reported
for the 2018-19 year.
(Reporting by James Davey; editing by Guy Faulconbridge)