Associated British Foods, the Primark-to-Kingsmill bread group, said today (9 September) its second-half performance came in ahead of expect...
The headlines on the mainstream business pages may have talked about a "sales surge" at Primark and sugar profits may be especially sweet bu...
Spiralling commodity costs is proving a "mixed bag" for Associated British Foods, the UK's group's finance director has told just-food, with...
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...
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.
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.
Associated British Foods has confirmed market rumours that the firm struck a deal to acquire the Dorset Cereals brand from Wellness Foods.
Kellogg, Weetabix and Associated British Foods are reportedly eyeing UK cereal business Dorset Cereals.
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.
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.
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.
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