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AB Foods (ABF) Share News

Primark boss defends practices as budget fashion brand eyes expansion

28th Nov 2024 06:45

(Alliance News) - Ireland-based budget fashion chain and Associated British Foods PLC subsidiary Primark has been criticised for its record on workers' rights and the effect of its low-cost, high-volume model on the environment. Read More

UK companies warn of growing consumer costs after budget tax rises

6th Nov 2024 11:48

(Alliance News) - A growing list of British companies have warned of rising costs to consumers in the wake of Labour's budget. Read More

LONDON BROKER RATINGS: RBC raises Burberry, Deutsche cuts AstraZeneca

6th Nov 2024 09:32

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

IN BRIEF: AB Foods starts first half of GBP500 million share buyback

6th Nov 2024 09:15

Associated British Foods PLC - London-based retailer and food manufacturer - Starts on Wednesday the GBP500 million share buyback it announced with its annual results on Tuesday. The first tranche of GBP250 million will be run by Swiss bank UBS AG and be completed by April 15 next year. A second tranche also will be worth GBP250 million. AB Foods has a market capitalisation of GBP17.83 billion. The Primark store chain owner on Tuesday said pretax profit rose 43% to GBP1.92 billion in the 52 weeks that ended September 14 from GBP1.34 billion the year prior. Read More

LONDON MARKET OPEN: FTSE 100 edges up as election day unfolds

5th Nov 2024 09:15

(Alliance News) - Stock prices in London opened mostly higher on Tuesday, following news of faster growth from China but amid a busy week of US election results and interest rate decisions. Read More

TOP NEWS: AB Foods hikes dividend 50% as Primark drives jump in profit

5th Nov 2024 08:56

(Alliance News) - Associated British Foods PLC on Tuesday launched a new GBP500 million share buyback and boosted its dividend, as annual profit leapt, with improvement in all parts of the fast fashion to food ingredients conglomerate. Read More

UK earnings, trading statements calendar - next 7 days

29th Oct 2024 14:37

Investors call on UK's largest firms to give shareholders climate vote

11th Sep 2024 12:26

(Alliance News) - A group of investors has urged most of the UK's largest listed companies to provide shareholders with a vote on their climate transition plans. Read More

AB Foods confirms GBP100 million extension of share buyback programme

11th Sep 2024 09:20

(Alliance News) - Associated British Foods PLC on Wednesday confirmed the extension of its share buyback programme, to be run by Barclays Capital Securities Ltd. Read More

LONDON BROKER RATINGS: Barclays cuts Burberry to 'underweight'

9th Sep 2024 09:49

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More

LONDON BROKER RATINGS: Deutsche Bank cuts Dalata Hotel to 'hold'

6th Sep 2024 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More

LONDON MARKET CLOSE: Stocks on the back foot ahead of nonfarm payrolls

5th Sep 2024 16:59

(Alliance News) - Stocks faded into the close on Thursday to end in the red weighed by a drop in index heavyweight AstraZeneca on a day of mixed news for blue-chips. Read More

AB Foods sees Primark fall foul of "soggy summer", while sugar sours

5th Sep 2024 14:17

(Alliance News) - Associated British Foods PLC on Thursday saw its shares slip, after warning that falling European sugar prices are likely to hit the division's performance in the coming financial year. Read More

LONDON MARKET MIDDAY: Stocks stay red as market preps for US data

5th Sep 2024 12:08

(Alliance News) - Stock prices in London were lower at midday, as investor sentiment remained cautious ahead of jobs data from the US later in the afternoon. Read More

LONDON BROKER RATINGS: UBS raises Sage Group to 'neutral'

5th Sep 2024 10:00

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More

TOP NEWS: Primark owner AB Foods to take hit from falling sugar prices

5th Sep 2024 09:19

(Alliance News) - Associated British Foods PLC on Thursday reported a drop in comparable sales at Primark and warned falling European sugar prices will "significantly impact" the division’s performance in the coming financial year. Read More

LONDON MARKET OPEN: Stocks see underwhelming start before US ADP print

5th Sep 2024 08:41

(Alliance News) - Stock prices in London had a muted start on Thursday, as the market remains cautious in a data-heavy week for the US, ahead of the first rate cut from the Federal Reserve. Read More

LONDON BRIEFING: FTSE 100 seen red before US jobs as Burberry demoted

5th Sep 2024 07:56

(Alliance News) - Stocks were called lower in London on Thursday morning, joining Asian peers ahead of the latest jobs data from the US. Read More

UK earnings, trading statements calendar - next 7 days

3rd Sep 2024 11:31

LONDON BROKER RATINGS: Deutsche Bank cuts Associated British Foods

27th Aug 2024 09:46

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More

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