The Associated British Foods said revenue for the third quarter had risen, with Primark revenue exceeding pre-pandemic levels, and said it would try a click and collect service at some stores in the UK. The British group reported revenue for the quarter to May 28, amounting to 4.05 billion pounds ($ 4.95 billion), up 32% […]
Tag: AB Foods
Associated British Foods: Profits increased in the first half
The Associated British Foods announced a significant increase in adjusted operating profit for the first half of 2022, higher than expected before the pandemic, and added that Primark will raise prices to address the effects of inflation. The British group announced adjusted operating profit for the 24 weeks to March 5, amounting to 706 million […]
AB Foods: Primark’s activities are better than estimated
The Associated British Foods announced that Primark’s subsidiary operations to date are higher than expected for the new financial year, with improved comparable sales compared to the second quarter of last year. As he pointed out, Primark, with 400 stores in Europe and the USA but without online operation, managed the problems in the supply […]
Profits of AB Foods and Primark increased
The Associated British Foods PLC announced higher earnings for the year ended September 18, as Primark’s earnings increased, and announced a special dividend alongside the regular dividend. The British group, which controls Primark stores, posted a pre-tax profit of 25 725 million ($ 983.4 million) in 2021, up from 6 686 million a year ago. […]