LONDON (dpa-AFX) - Associated British Foods PLC (ASBFY.PK, ABF.L) reported
Tuesday that its first-half profit before taxation climbed 37 percent to 881
million pounds from last year's 644 million pounds.

Basic earnings per share grew 30 percent to 87.4 pence from last year's 67.0
pence.

Adjusted profit before tax was 911 million pounds, compared to 667 million
pounds a year ago. Adjusted earnings per share were 90.4 pence, compared to 62.0
pence in the prior year.

Group revenue grew 2 percent to 9.73 billion pounds from last year's 9.56
billion pounds. Revenues grew 5 percent on a constant currency basis.

Further, the Board has declared an interim dividend of 20.7p a share, an
increase of 46 percent on same period last year reflecting the growth in
earnings. The dividend will be paid on July 5 to shareholders registered at the
close of business on May 31.

Looking ahead, the company said it is on track to deliver significant growth in
both profitability and cash generation ahead of expectations at the start of
this financial year.

Grocery would continue to perform well. In Sugar, a substantial improvement in
profitability is still expected.

The company expects Primark to continue to perform well in the second half
driven by store expansion programme and the modest levels of like-for-like
growth.

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