AB Foods Posts Higher Full-Year Profit - Associated British Foods (OTC:ASBFY)

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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 pence.AB Foods shares closed at $36.27 yesterday.

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