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

UK's Primark Owner Warns Of £1.1bn Lockdown Hit To Sales

Associated British Foods warned on Thursday it expected to lose sales worth £1.1 billion ($1.6 billion) from the lockdown of its stores at fast-fashi...

Associated British Foods Warns Of £1bn Sales Hit From Lockdowns

Primark owner Associated British Foods warned that the loss of sales from store closures could rise to over £1 billion, with lockdowns in its main UK...

Associated British Foods Sees Hit To Primark Sales From Autumn Lockdowns

Associated British Foods, the owner of clothing retailer Primark, raised its estimate of sales lost during temporary closures of stores in major markets in...

Associated British Foods Full-Year Results – What The Analysts Said

Associated British Foods saw group revenue fall 12% in its financial year to 12 September, with the prolonged closure of its Primark retail business offset...

AB Foods Earnings Fall 40% On Primark's COVID-19 Hit

Associated British Foods has reported a 40% fall in full-year earnings, with a COVID-19 related hit to profit at its Primark clothing business outweighing...

Associated British Foods Sees £375m Loss Of Sales From Lockdowns

Associated British Foods, the owner of clothing retailer Primark, said it estimated it would lose £375 million (€416.6 million) of sales from te...

Associated British Foods Trading Update – What The Analysts Said

Associated British Foods has said that trading in the fourth quarter of its financial year 'exceeded expectations', with its Primark, Grocery and Sugar ope...

Associated British Foods Raises Guidance After Post-Lockdown Trading Exceeds Expectations

Associated British Foods said that it expects full-year profit at its Primark fashion chain to be at least at the top end of its previously guided range af...