Associated British Foods, Primark

AB Foods Reports Strong Rise in Profit, Launches New Buyback
Associated British Foods Plc’s annual profit jumped and the company said momentum at its Primark clothing chain and food division is expected to continue this fiscal year, helped by easing input costs.
Primark and groceries fuel profits at Britain's AB Foods
Associated British Foods said it was well set-up for medium term growth, as it reported a 32% rise in full-year profit, driven by robust performances from its Primark clothing business and grocery division.
FTSE 100 Live 05 November: Primark owner AB Foods and ASOS post results
Primark owner Associated British Foods today reported a 33% rise in annual profits to £1.96 billion, driven by revenues growth in its retail and foods businesses. The FTSE 100-listed group, which also owns the brands Twinings and Ovaltine,
Primark owner AB Foods says ‘well-positioned’ for further growth
Associated British Foods said it was poised for further growth as it reported a 32% rise in full-year profit, driven by robust performances from its Primark clothing business and grocery division.
Primark-owner 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 clothing business partially offset by accelerating weakness in its sugar operations.
Analysis
Associated British Foods FY: Primark the Engine of Growth
Poor weather also hamstrung sales at Primark in the second half of the year, and taken together these two factors have led to a decline of 14% in the share price over the last six months. Indeed, an unusual feature of the group is its diverse range of activities,
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.
Primark Owner AB Foods Lifts Shareholder Returns After Beating Profit Expectations
Primark owner Associated British Foods reported profit for the year ahead of expectations and lifted its dividend payout as it flagged more normalized markets and supply chains.
Associated British Foods FY24 Results Climb; Lifts Dividend, Plans GBP 500 Mln Buyback
Associated British Foods PLC (ASBFY.PK, ABF.L) reported Tuesday that its fiscal 2024 profit before tax climbed 43 percent to 1.92 ...
Primark owner profits jump despite summer washout
Primark owner ABF (Associated British Foods) has reported a jump in profits despite a wet summer dampening sales of ...
City snapshot: Associated British Foods delivers better-than-expected profits
Profits at Associated British Foods have beaten market forecast thanks to margin recovery at Primark and "good growth and ...
Best British value stocks to consider buying in November
We asked our freelance writers to reveal their top value shares, including a Share Advisor 'Fire' stock first recommended ...