6 November 2013
Concern over the outlook for Associated British Foods' sugar business has weighed on the company's share price in spite of a jump in full-year earnings. While the outlook for sugar remains challenging, ABF expects an upswing at its grocery and Primark businesses to continue to propel profits in the coming year, FD John Bason tells just-food.
9 September 2013
Associated British Foods, the Primark-to-Kingsmill bread group, said today (9 September) its second-half performance came in ahead of expectations. However, shares slid on concerns over the longer-term outlook for its sugar business. As sugar turns sour for ABF, the company could be forced to look elsewhere for growth. Katy Askew reports.
11 July 2013
Associated British Foods today (11 July) reported a 7% increase in third-quarter sales from its grocery business, helped by parts of its UK and Australian units.
23 April 2013
Beyond the continued growth of Associated British Foods' discount clothing chain Primark, the UK-based group's grocery business generally met expectations in the first half of the year.
25 February 2013
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia.
6 November 2012
Annual profits from Associated British Foods' grocery business, which includes Kingsmill bread and Jordans cereal, fell 23%, the UK-based group said today (6 November).
12 September 2012
The headlines on the mainstream business pages may have talked about a "sales surge" at Primark and sugar profits may be especially sweet but Associated British Foods' grocery operations have proven a mixed bag in the last 12 months.
12 July 2012
Rising sugar prices in Europe helped boost revenues and offset flat grocery sales for Associated British Foods in its third quarter.
27 February 2012
A strong performance from its sugar business has helped propel first-half sales and profits growth at Associated British Foods (ABF).
19 January 2012
A jump in sugar revenues, on the back of high prices, has helped drive sales at Associated British Foods.
9 November 2011
Associated British Foods (ABF) annual results came in ahead of expectations, but analysts have said question marks remain over 2012.
25 October 2011
That the online channel is growing - and growing quickly - in the UK, is news to hardly anyone. However, online still accounts for under 4% of grocery sales in the country. For all its growth, the sector is still evolving and there is much manufacturers and retailers can learn to ensure they take a chunk of a channel that is set to see sales almost double by 2016. just-food presents ten things to consider when operating in the online sector.
12 September 2011
Annual sales and profits from Associated British Foods' grocery business are expected to have risen over the last 12 months, the UK-based company said today (12 September).
14 July 2011
Associated British Foods today (14 July) cited "strong" sales from its Jordans and Ryvita brands as the UK-based company reported a 6% increase in quarterly sales from its grocery business.
3 May 2011
After consecutive four-day weekends here in the UK, this column again arrives on a Tuesday, adding to the 'what-is-the-day-today?' feeling here at just-food Towers today.
27 April 2011
Shares in Associated British Foods tumbled in morning trade today (27 April) after the Kingsmill maker cut its full-year outlook despite an improved first-half performance from its sugar and grocery businesses.
26 April 2011
Part two of our management briefing on sustainable packaging focuses on recycled material. As Jonathan Thomas writes, recycled products are central to the sector but the amount they are used differs by material, while competition from other products and safety issues could have an impact on future growth.
8 March 2011
Swiss scientists have linked cardboard packaging made from recycled newspapers to health complaints in lab rats, ranging from the inflammation of internal organs to cancer.
22 November 2010
Investor and media attention may often focus on growing fashion retail chain Primark but owner Associated British Foods has an extensive grocery business in markets like the UK, the US and Australia. In this month's just-food interview, Dean Best spoke to ABF finance director John Bason about the recent changes within the group's grocery division, its performance and the prospect of having to face rising commodity costs.
9 November 2010
Spiralling commodity costs is proving a "mixed bag" for Associated British Foods, the UK's group's finance director has told just-food, with parts of the business benefiting from higher prices and other divisions facing pressure.
9 November 2010
Annual profits at Kingsmill bread-to-Patak's cooking sauces group Associated British Foods have jumped by more than a quarter, the company said today (8 November).
26 April 2010
Just as political opinion polls can be misleading, so can the polls run each day in the world's financial districts - those listing the rise and fall of a company's shares.
23 April 2010
Thriving discount retailer Primark is the part of UK group Associated British Foods that has grabbed the headlines in recent quarters.
23 April 2010
A number of the industry's heavy-weights, from Nestle to PepsiCo and Tesco, reported their results last week. Mars Inc and Northern Foods both announced job cuts in the UK while Unilever took swift steps to distance itself from the BNP's election campaign. Here is a selection of the most-read stories on just-food from the past week.
20 April 2010
Associated British Foods chief executive George Weston today (20 April) praised the contribution that the UK group's grocery business had had on company profits in the last six months.
20 April 2010
Associated British Foods, the UK-based group behind Kingsmill bread and Jordans cereals, said today (20 April) that "strong performances" across the business had boosted half-year profits.
4 March 2010
UK cereal maker Jordans Cereals is to invest GBP6.5m (US$9.8m) in marketing support for its range throughout this year.
15 January 2009
Associated British Foods today (15 January) reported strong first-quarter sales with sugar and grocery revenues boosted by the low value of the sterling.
5 November 2008
With a considerably improved set of full-year results, Associated British Foods (ABF) has brought vitality to a sector that has been somewhat battered by the deteriorating economic climate. While Primark, ABF’s discount clothing unit, has reaped the benefits of the downturn, the company has focused on returning its bakery unit to profitability and building a strong foundation of grocery brands. Clearly, this strategy is starting to pay off. Dean Best reports.
8 September 2008
Associated British Foods has seen an increase in annual profits as surging commodity costs drove price increases at its grocery unit and consumers increasingly turned to Primark, the UK firm’s budget clothing chain.