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Associated British Foods Reports 'Significant' Improvement In Profitability

Associated British Foods has reported it is seeing a 'significant' improvement in profitability in the second half of its financial year, according to a tr...

Primark Owner To Raise Game In Explaining Merits Of Food Businesses, CEO Says

Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses a...

Primark Owner AB Foods Expects 'Significant Growth' In Full-Year Profit

Primark owner Associated British Foods has forecast 'significant growth' in full-year profit as it reported a 39% jump in the first half, partly driven by...

Wincanton Withdraws Support For CEVA Deal In Favour Of GXO Bid

British logistics firm Wincanton withdrew its support for CEVA's proposed deal, in favour of GXO Logistics' higher offer, which valued the company at about...

Retailers Demand More Action From EU To Resolve Red Sea Crisis

European retail industry body EuroCommerce called on European Union institutions and member states to resolve the Red Sea crisis that has disrupted trade,...

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...

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...