ASSOCIATED BRITISH FOODS Aktie

 

Big fall in sales in rest of Europe means split from owner's food businesses would be distraction best avoided for year or twoIt is probably a good thing that Associated British Foods has not yet split itself in two, liberating the go-getting and supposedly reliable Primark from the more volatile food and ingredients businesses. In standalone form, Primark would probably have suffered a bigger share price thump than the 14% fall that the still-combined conglomerate sustained after Thursday's profits warning.The problem at Primark is that it has suddenly become hard to know what to expect. A year ago, the stores in continental Europe seemed to be trading well while the UK ones hit a soft spot. Now the UK end is back on form, regaining some market share, while the continental stores have had a serious skid. In the 16-week peak trading period, like-for-like sales at the former were up 1.7% while the latter (meaning Europe excluding the UK and Ireland) were down 5.7%, a big decline. Continue reading......

Kingsmill owner Associated British Foods agreed to buy 135-year-old Hovis from private equity firm Endless in August....

Move by UK competition regulator comes as Associated British Foods, which owns Primark, issues profit warningBusiness live – latest updatesThe UK competition watchdog has ramped up its investigation into a £75m takeover deal that will result in the owner of Kingsmill snapping up its sliced bread rival Hovis.Associated British Foods (ABF), which also owns the Primark clothing chain, confirmed plans to buy Hovis from its private equity owners Endless in August, combining the UK's second and third largest bread brands. Continue reading......

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Associated British Foods PLC on Thursday issued a profit warning amid a challenging start to the financial year at Primark...

London stocks opened lower on Thursday, with disappointing updates from heavyweights such as AB Foods, Tesco and Shell...

The UK Competition & Markets Authority on Thursday said it has moved its review of the acquisition of Hovis Group Ltd by...

ABF said Primark had suffered weaker sales growth in the 16 weeks to 3 January amid a 'challenging consumer environment'....

LONDON (dpa-AFX) - Associated British Foods plc (ASBFY.PK, ABF.L) reported Thursday that its estimated Group revenue for the 16 weeks to January 3 increased 1% year-over-year on a reported basis, ......

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Primark's stronger performance in the U.K. was partly offset by weaker sales in continental Europe....

Associated British Foods Plc profit will be lower than expected this fiscal year, hit by weaker Primark sales and a mixed performance in its food business....

The CMA will look at whether the merger between the bread-maker and Associated British Foods would result in 'a substantial lessening of competition'....

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The UK Competition & Markets Authority on Friday launched a formal investigation of the planned acquisition of Hovis Group...

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FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Freitag, den 5. Dezember 2025^TERMINE UNTERNEHMEN11:00 CHE: Swiss Re, Investor Day17:30 USA: Microsoft, HauptversammlungGBR: Associated British Foods, Hauptversammlung...

Gut geplant in den Tag. Mit dem wO-Tagesausblick haben Sie die wichtigsten Termine im Blick und starten bestens vorbereitet in den neuen Handelstag....

FRANKFURT (dpa-AFX) - Wirtschafts- und Finanztermine am Freitag, den 5. Dezember 2025^TERMINE UNTERNEHMEN11:00 CHE: Swiss Re, Investor Day17:30 USA: Microsoft, HauptversammlungGBR: Associated British Foods, Hauptversammlung...

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