Associated British Foods

Associated British Foods Sees Profit Cut By Half Due To Primark Closures

Associated British Foods has reported a halving in first half profit, impacted by COVID-19 lockdowns which shuttered its Primark fashion stores. The gro...

Associated British Foods Trading Update – What The Analysts Said

Associated British Foods has said in a trading update that it expects revenue and profit in its Grocery, Sugar, Agriculture and Ingredients businesses in t...

UK's Primark Owner Warns Of £1.1bn Lockdown Hit To Sales

Associated British Foods warned on Thursday it expected to lose sales worth £1.1 billion ($1.6 billion) from the lockdown of its stores at fast-fashi...

Associated British Foods Warns Of £1bn Sales Hit From Lockdowns

Primark owner Associated British Foods warned that the loss of sales from store closures could rise to over £1 billion, with lockdowns in its main UK...

Associated British Foods Sees Hit To Primark Sales From Autumn Lockdowns

Associated British Foods, the owner of clothing retailer Primark, raised its estimate of sales lost during temporary closures of stores in major markets in...

Associated British Foods Full-Year Results – What The Analysts Said

Associated British Foods saw group revenue fall 12% in its financial year to 12 September, with the prolonged closure of its Primark retail business offset...

AB Foods Earnings Fall 40% On Primark's COVID-19 Hit

Associated British Foods has reported a 40% fall in full-year earnings, with a COVID-19 related hit to profit at its Primark clothing business outweighing...