AB Foods

Primark And Groceries Fuel Profits At AB Foods

AB Foods reported a 32% rise in full-year profit, driven by robust performances from its Primark clothing business and grocery division.

AB Foods Needs To Highlight Merit Of Food Business, CEO Says

Primark owner Associated British Foods (AB Foods) has not done a good enough job explaining the benefits of its food business to investors.

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 Invests Over €50m In Five New Stores In Italy

Primark (which trades as Penneys in Ireland) has announced that it has invested over €50 million in its Italian business.

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...

AB Foods Raises Profit Outlook As Retailer Primark Shows Resilience

Associated British Foods (AB Foods) on Monday raised its profit outlook for the 2022/23 year as its low-cost Primark (which trades as Penneys in Irela...

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.

Primark Cautious On 2023 Outlook After 'Very Strong' Christmas

Clothing retailer Primark (which trades as Penneys in Ireland) reported better-than-expected trading over the Christmas quarter, parent Associated British...

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British Shoppers Defy Cost-Of-Living Crisis At Christmas

Primark-Owner Sticks To Forecast Of Lower Profit In 2022-23

Britain's M&S Names Former Rentokil Executive As Interim Finance Chief

Britain's M&S Finance Chief To Resign, Take Up New Role At Primark-Owner AB Foods

Primark To Raise Prices As Cost Pressures Mount

AB Foods Sees First Half 'Strongly Ahead' On Improved Primark

Greggs And Primark To Launch Fashion Range

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