Associated British Foods

Associated British Foods Says Higher Costs To Weigh On 2022-23 Performance

Primark owner Associated British Foods has reported a 42% increase in 2021-22 profit but reiterated its forecast for a drop in profit in its current year d...

Associated British Foods Warns Of Lower Profit Next Year

Associated British Foods has warned of lower profit next year, as its Primark fashion business struggles with rising costs and inflation hammers the dispos...

M&S Finance Chief To Resign, Take Up Role At ABF

Marks and Spencer said on Thursday its finance and strategy chief Eoin Tonge will be leaving the company to take up a new role at Primark-owner Associated...

Associated British Foods Trading Update – What The Analysts Said

Primark owner Associated British Foods has issued a third quarter trading update, in which it said trading in the 36 weeks to 28 May was 'in line with expe...

Associated British Foods Maintains Guidance, Primark To Trial Click & Collect

Associated British Foods has said that its Primark fashion business, which has shunned the extra cost of home delivery, is set to trial a click & colle...

Associated British Foods' Primark Arm To Raise Prices

Associated British Foods has reported a near doubling in first-half profit, but said its Primark clothing business would have to raise prices because of th...

Associated British Foods Trading Update – What The Analysts Said

Associated British Foods has reported a 19% increase in group revenue in the 16 weeks to 8 January (at constant currency), with its Primark arm up 36%, and...

Associated British Foods Says Omicron Dented Primark Shopper Numbers

Associated British Foods has said that sales at its Primark fashion business over the 16 weeks to January 8 were up 36% versus last year on a constant curr...