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Primark, Associated British Foods
Primark Owner AB Foods Profit Rises Ahead of 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.
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 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 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.
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 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. In the year to Sept.
City AM on MSN
1d
Primark earnings jump despite weather hit
Get the latest news on Primark's impressive financial performance. Operating profits have risen by 53% despite a dip in sales ...
2h
on MSN
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 ...
13h
on MSN
Primark eyeing a bumper Christmas despite Budget misery on the High Street
George Weston, who is chief executive of the fashion retailer's parent company Associated British Foods, said it was in ...
19h
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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