Associated British Foods

Associated British Foods Anticipating Good Year, Except In Sugar

Associated British Foods, the owner of the Primark retail chain and Twinings Tea, has said that it is anticipating ‘good profit growth’ in its...

Sugar Weighs Heavily On ABF, But Is Primark Still A Panacea? Analysis

Having seen European sugar prices drop quite considerably last year, there was always likely to be a stand out takeaway from the first half results from As...

EU Sugar Companies Struggle To Survive As Prices Plunge Post-Quotas

European Union sugar companies have emerged from the cocoon of production quotas and are now fighting to survive in a fiercely competitive world market wit...

ABF Expecting Slight Decline In Like-For-Like Sales At Primark

Associated British Foods has said that it expects like-for-like sales at its Primark retail division to be down 1% in the second half of its financial year...

Associated British Foods Names Michael McLintock As New Chairman

Primark-owner Associated British Foods (ABF) has announced that its chairman, Charles Sinclair, intends to retire from the board, effective 11 April. In...

ABF Chairman: Primark Set To Post Profit Increase

Charles Sinclair, the chairman of Associated British Foods, has said that he expects the company's Primark business to continue to post a profit increase,...

Twinings Owner Sees Brexit As Chance To Replace Imports

Twinings tea owner Associated British Foods Plc, spotting a silver lining to Brexit amid the gloom spreading at other U.K. companies, said leaving the Euro...

Primark Owner Associated British Foods Sees Profit Before Tax Up 51%

Associated British Foods, the owner of the Primark fashion chain and Twinings Tea, has seen its profit before tax for its 2016/17 financial year rise 51% t...