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Associated British Foods, Primark
Primark Owner AB Foods Profit Rises Ahead of Expectations
Primark owner Associated British Foods reported better-than-expected profit for the year on lower costs and lifted its dividend payout.The stock is among the top risers on the U.K. blue chip index FTSE 100,
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 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.
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.
TOP NEWS: AB Foods hikes dividend 50% as Primark drives jump in profit
Reflecting the improved financial picture, AB Foods increased its total dividend by 50% to 90.0 pence from 60.0p. This includes a final dividend of 42.3p, and a special dividend of 27.0p. The company also announced a further share buyback programme of GBP500 million, expected to be completed before the end of financial year 2025.
Primark womenswear sales propel ABF profits to almost £2bn
The FTSE 100 firm, whose brands include Dorset Cereals and Twinings Tea, revealed its pre-tax profits jumped by 43 per cent to £1.9billion in the year to 14 September.
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.
Penneys owner AB Foods profit up 32% but sugar weighs on outlook
Associated British Foods has today 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.
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.
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.
Evening Standard on MSN
21h
FTSE 100 Live 05 November: Vodafone-Three merger boost, profits up at Primark owner as ASOS posts big loss
The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate ...
Reuters on MSN
1d
Primark expecting a good Christmas, says parent's boss
Weston said
Primark
's trading had improved after
AB
Foods
updated the market on Sept. 5. In that statement,
Primark
had forecast like-for-like sales would be 0.5% lower in its second half to ...
22h
on MSN
Primark earnings jump higher despite weather hit to summer ranges
AB
Foods
said in the UK and Ireland overall ... But the firm expects sugar profitability to recover in 2026, “to be more ...
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