Associated British Foods raised its full-year profit outlook on Tuesday for the second time in four months, driven by a strong performance from both its Primark clothing business and its food operations.

AB Foods said it now expected full-year 2022/23 adjusted operating profit, its key profit measure, to be "slightly better" than its previous expectations of "moderately ahead" of 2021/22's 1.435 billion pounds ($1.8 billion). ($1 = 0.7993 pounds) (Reporting by James Davey, Editing by Paul Sandle)