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ABF reports uplift following HIGH5 and Reflex Nutrition acquisitions

HIGH5 ZERO Tropical flavour

Associated British Foods (ABF), an international food and ingredients operator, has reported interim results for the 24 weeks ended 4 March 2017. Group revenue of £7.3 billion was up 19% year on year, and adjusted operating profit rose 35% to reach £652 million. Helping add to the group’s fortunes, ABF noted the addition of recently acquired sports nutrition businesses: HIGH5 and Reflex Nutrition.

A release from ABF stated, ‘During the first half we acquired two small sports nutrition businesses in the UK which have well-known brands in targeted niche markets. HIGH5 is a hydration and energy brand popular with endurance athletes and Reflex provides a range of premium protein-based recovery products. This is a new high-growth market segment and we plan to develop these brands and broaden their distribution.

www.abf.co.uk
www.highfive.co.uk
www.reflex-nutrition.com

 

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