Associated British Foods: latest news, analysis and share price | Checkout Magazine

Primark Owner Raises Profit Outlook After Strong First Half

The owner of Primark – AB Foods – forecast “significant growth” in full-year profit after reporting a 39% jump in the first half.

Primark’s Sales Growth Slows In Christmas Quarter

Growth slowed at Primark clothing stores in the Christmas quarter due to unseasonal weather at the start of the period.

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 new appet...

Penneys Owner AB Foods Expects Growth In New Year After Profit Rises 5%

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

Penneys Owner Associated British Foods Raises Profit Outlook Again

Associated British Foods raised its full-year profit outlook on Tuesday for the second time in four months, driven by strong trading from both its Pri...

AB Foods To Boost Agri-Food Unit With £48m Bolt-On

Associated British Foods, the owner of Primark (which trades as Penneys in Ireland) and major sugar, foods and ingredients businesses.

British Sugar Has Secured Alternate Sources Of Supply But Profits Will Be Hit

Associated British Foods ABF.L said on Tuesday a UK sugar production shortfall has forced its British Sugar unit to secure costly alternate sources of supp...