AB Foods: latest news, analysis and trading updates | ESM Magazine

Primark To Invest Over £100m In UK Stores In 2024

Associated British Foods' Primark clothing business will invest over £100 million (€117.2 million) in its UK store estate in 2024, opening three...

Primark's Sales Growth Slows In Christmas Quarter

Associated British Foods said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, reflecting unseasonal weather at th...

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...

Primark Owner AB Foods Posts 5% Growth In Annual Profit, Expects Progress In New Year

Associated British Foods forecast 'meaningful progress' in its new financial year, driven by a strong recovery in the margin of its Primark fashion busines...

Primark's UK Workers To Get 12% Pay Rise

Primark's 26,000 retail assistants in Britain are to get an inflation-beating average pay rise of 12% from 1 April, the fashion retailer has said...

Associated British Foods Raises Full-Year Outlook

Primark owner Associated British Foods has raised its financial guidance for full year 2022-23 after a strong first half performance.

M&S Names Former Rentokil Executive As Interim Finance Chief

Britain's Marks and Spencer has named former Rentokil executive Jeremy Townsend as its interim chief financial officer, days after the clothing and food re...

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

Associated British Foods has forecast first-half sales and adjusted operating profit 'strongly ahead' of the previous year and ahead of pre-COVID 19 levels...