Primark Owner AB Foods Lifts Shareholder Returns

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.
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.
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 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.
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 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 Owner AB Foods Profit Rises Ahead of Expectations
AB Foods reported better-than-expected profit for the year on lower costs and lifted its dividend payout.
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.
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 boss issues 'big cost jump' warning to shoppers
Mr Weston said there was an "unwillingness to spend in advance of needing something" among consumers, reflecting a caution ...
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 ...
The Yorkshire Post1d
Budget retailer Primark sees annual earnings jump by more than 50 per cent
AB Foods said in the UK and Ireland overall, sales edged up 0.7 per cent in the year. It said: “In both markets, ...