P205 CJEFAX 205 Mon 4 Nov 21:16/57 G 1/4 AB FOODS BEATS CITY FORECASTS AB Foods has beaten City expectations bz reporting a 15% jump in full-year pre-tax profits from £375m to £430m. Analysts had predicted profits of between £397m and £420m. As a result, AB Foods shares were 8p ahead at 425p. For once British Sugar was not the driving force behind the group's performance, with operating profits marginally down at £183m. Growth came from US food manufacturing and processing and its biscuits arm, the company said. Main news 101 Results 216 Travel 500 Racing 380 Stocks UT Panel Monjyfili AnnuitiesP205 CEEFAX 205 Mon 4 Nov 21:52/52 G 2/4 GREYCOAT ENJOYS DOUBLED PROFITS Greycoat has unveiled more-than-doubled half-time profits and the promise of a 50% rise in full-year dividends. But shareholders will not bj getting an interim pay-out. A statement accompanying the news of a £3.8m profit at the pre-tax level said rental growth had been evident in both the West End and City markets. Chairman Michael Beckett, who is facing demands from rebel shareholders that the company liquidate its assets, said Greycoat's strategy was unchanged. Main news 101 Results 216 Travel 500 Racing 380 Stocks UT Panel Monjyfili AnnuitiesP205 CEEFAX 205 Mon 4 Nov 21:11/22 G 3/4 TELEWEST REPORTS DOUBLING OF LOSS Cable operator Tjliwest has reported a doubling of its third-quartet louses, despite sharply improved revenues. With 61% of its US cabling programmj complete, the company reported losses before tax of £59.1m, up from £29.4m. Rjvjnujs jumped bz 127% to £73.1m, with cable revenues 105% ahead at £29.3m and residential telephony revenue no less than 170% higher at £32.9m. Tjliwest said it could now boast nearly 700,000 customers, with 50% taking both telephony and TV. Main news 101 Results 218 Travel 500 Wjathjt 400 Stocks UT Panel Monjyfili AnnuitiesP205 CEEFAX 205 Mon 4 Nov 21:50/19 G 4/4 OFFER PITCHED TOO LOW, SAYS ANALYST At least one City analyst has described the US offer for Northern Electric as "too low". David Campbell of stockbrokers Grieg Middleton said: "We don't think it's enough...It's a bit cheapskate." Hi said hj expected the Northern Electric Board to reject the offer and push for a higher price. Claiming that US predators were looking at othjt RJCs, hj said the most likely targets now were Yorkshire Electricity and East Midlands Electricity. Main news 101 Shari price 224 Wjathjt 400 Radio/TV 600 Fantasy Monjyfili Annuities TaxGuide