AB Foods

Primark Parent AB Foods Profit Up 32% But Sugar Weighs On Outlook

Associated British Foods reported a 32% rise in full-year profit, with a robust performance from its grocery division and a solid outcome from its Primark...

Primark Owner To Raise Game In Explaining Merits Of Food Businesses, CEO Says

Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses a...

Primark To Invest Over £100m In UK Stores In 2024

Associated British Foods' Primark clothing business will invest over £100 million (€117.2 million) in its UK store estate in 2024, opening three...

Primark's Sales Growth Slows In Christmas Quarter

Associated British Foods said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, reflecting unseasonal weather at th...

AB Foods 'Not Worried' About Food Demand Impact Of New Weight-Loss Drugs

Associated British Foods one of the world's biggest producers of bread, cereals and hot drinks, is not concerned about the impact on demand from...

Primark Owner AB Foods Posts 5% Growth In Annual Profit, Expects Progress In New Year

Associated British Foods forecast 'meaningful progress' in its new financial year, driven by a strong recovery in the margin of its Primark fashion busines...

Associated British Foods Raises Profit Outlook For Full Year

Associated British Foods has raised its profit outlook for the 2022/23 year as it reported a 13% rise in sales at its Primark fashion business in its lates...