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20.05.12 Its 'buy' recommendation is predicated on a sustained period of profit growth in the company's sugar division. "We believe world sugar prices will remain firm for longer than the market thinks and in any case the supply/demand balance in the company's sugar-producing regions is favourable. Both ABF's African and Chinese sugar businesses are still in the early stages of their evolution, and are not fully utilising their assets," it comments.
Source: Interactive Investor

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