Associated British Foods plc has released a trading update for the 16 weeks to 6 January 2024. The company's performance has been strong, with revenue growth across its various businesses. Primark, the company's retail division, has seen a significant increase in sales, driven by new store openings and strong consumer demand. The grocery division has also performed well, with good sales growth in its branded products. The company's sugar business has experienced a challenging environment due to lower sugar prices, but its ingredients and agriculture businesses have delivered a robust performance. The company's outlook remains positive, and it is on track to deliver good progress in the current financial year. For more detailed information, the full statement and registration details for the analyst and investor call can be found on the company's website.