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THE TRUTH ABOUT: Ab foods | History Defined

Mid-caps shine but AB Foods holds back FTSE 100

Stocks ended mixed in London on Wednesday with US rate hike worries and a decline in Primark owner Associated British Foods hitting blue-chips.

Evening Standard

FTSE 100’s early gains fade as war deadline looms

The index closed down 110.99 points, or 1.1%, at 10.498.09.

Evening Standard

The Primark machine suffers a continental splutter at a bad moment

Big fall in sales in rest of Europe means split from owner’s food businesses would be distraction best avoided for year or two

The Guardian - UK

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FTSE 100 flat as AB Foods and Tesco disappoint

The FTSE 100 index closed down 3.52 points at 10,044.69.

Evening Standard

Primark owner warns over profits after disappointing festive sales

The figures come amid a group-wide review at Associated British Foods that could see Primark spun off with a separate stock market listing.

Evening Standard

FTSE 100 Live 08 January: Primark owner slides on guidance cut, M&S and BAE Systems rally

Retail giants Primark, Tesco and Marks Spencer today revealed mixed fortunes on Christmas trading.

Evening Standard

Primark owner ponders spin-off and separate listing in possible boost to City

Chief executive George Weston said the outcome of the review could mean spinning off Primark as a separately-listed entity in the UK.

Evening Standard

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AB Foods considers spinning off Primark after annual profits fall

Associated British Foods announced a review of the structure of the group alongside its full-year financial results.

Evening Standard

FTSE 100 closes lower as geopolitical issues worry investors

Nato fighter jets shot down Russian drones over Polish airspace for the first time.

Evening Standard

High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

Evening Standard

High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

Evening Standard

Stocks dip amid Trump’s Fed move and French worry

The FTSE 100 index closed down 55.60 points, 0.6%, at 9,265.80.

Evening Standard

FTSE eases on weak US data as Ukraine peace summit looms

Donald Trump and Vladimir Putin will meet later in Alaska.

Evening Standard

Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers

The Prime Minister said opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges.

The Independent UK

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Evening Standard

Primark boss says weight of Budget tax rises ‘falling on high street’

George Weston, the chief executive of Primark owner Associated British Foods, said it was preparing for a big jump in business costs.

Evening Standard

Primark earnings jump higher despite weather hit to summer ranges

Owner Associated British Foods reported a 53% rise in operating profits at Primark, to £1.1 billion over the year to September 14.

Evening Standard

FTSE 100 Live 05 November: Vodafone merger boost, Primark owner rallies but ASOS posts big loss

The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate competition concerns.

The Independent UK

Primark drives strong sales at AB Foods as shoppers shrug off price hikes

Associated British Foods which also runs large grocery, ingredients and agriculture operations, said the backdrop is still ‘challenging’.

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Birmingham Post

Primark owner Associated British Foods buys National Milk Records for £48m

NMR, which has its head office in Wiltshire, provides provides milk and cow health testing and data services for farmers, milk buyers and vets

Wales Online

Primark issues cost warning as it pushes roll-out of its website

The company's owner cautioned over consumer spending in the second half as the cost-of-living crisis continues to put households under pressure

The Guardian - UK

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

Daily Record

Primark issues major announcement on price rises over the next year

The fast-fashion chain has confirmed that customers will not see any further price rises across stores

Wales Online

Primark makes big announcement on price rises between now and next autumn

Primark like-for-like sales have broadly returned to pre-Covid levels in the UK,

Birmingham Post

Billionaire boss of Primark rules out home delivery as North West stores to trial click-and-collect service

The business said its new UK website, which launched in April, has proved popular

Liverpool Echo

Primark launches online shopping with 2,000 products available

Primark to launch online shopping as new click-and-collect service confirmed

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