08 Nov 2017 --- UK multinational food processing and retailing company Associated British Foods has reported that group revenue has increased 15 percent to £15.4 billion (US$20.2 billion) in the year to September 16. Statutory operating profit is up 21 percent to £1,336m (US$1,754 million) and with the benefit of a profit on the sale of businesses, profit before tax is up 51 percent to £1,576m (US$2,070m), while basic earnings per share up 47 percent to 151.6p (US$199.13).