ABF/Vivergo

09/11/10 -- ABF's annual accounts are out today in which they report: Group revenue up 10% to GBP10.2 billion; Adjusted operating profit up 26% to GBP909 million; Adjusted profit before tax up 26% to GBP825 million.

Group darling, bespoke tailor and haute couture fashion house Primark weighed in with an "exceptional year" generating revenue of GBP2.73 billion (up 18%) and an adjusted operating profit of GBP341 million (up 35%).

Agriculture chipped in with revenues of GBP954 million (up 4.5%) and an adjusted operating profit of GBP33 million (down 3%).

In the accompanying notes they say: "Construction of Vivergo’s wheat bioethanol plant in Hull in the UK will be completed in December, and commissioned during spring 2011 with operation scheduled for the summer."