13JS Eu Invest Bank

RNS Number:9475Q
Associated British Foods PLC
14 September 2000


                             EU Sugar Quota Cuts                              

Associated British Foods' subsidiary, British Sugar plc, today released the
following announcement.

As anticipated the European Commission has announced cuts to European sugar
quotas. British Sugar can confirm that the reduction in the UK beet sugar
production quota is 23,305 tonnes, 2%, to give a new maximum quota total of
1.121 million tonnes.

The quota reduction is smaller than the company expected and the net financial
effect on British Sugar is not significant. Now the details are confirmed they
will be factored into the full review of manufacturing operations which is
currently being undertaken.

                                                                              

For further information, please contact
John Bason
Finance Director
Tel: 020 7589 6363

Eu Invest Bank (LSE:13JS)
Historical Stock Chart
From Nov 2024 to Dec 2024

Eu Invest Bank (LSE:13JS)
Historical Stock Chart
From Dec 2023 to Dec 2024