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ASBFY Associated British Foods Plc (PK)

25.41
0.00 (0.00%)
03 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Associated British Foods Plc (PK) USOTC:ASBFY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 25.41 25.46 25.87 0.00 14:03:31

Associated British Foods Backs Fiscal Year 2023 View Despite Cost Inflation

09/12/2022 7:45am

Dow Jones News


Associated British Foods (PK) (USOTC:ASBFY)
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By Kyle Morris

 

Associated British Foods PLC said Friday that it backed its full-year outlook, but that it was mindful of further significant input cost inflation.

The British conglomerate said its clothes store Primark has been performing encouragingly and that it is on track to open 27 new stores in the year.

"For the full year, we continue to expect significant growth in sales for the group, and adjusted operating profit and adjusted earnings per share to be lower than the previous financial year," Chairman Michael McLintock said.

It continues to expect profit in the food businesses to be ahead of the last financial year.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

December 09, 2022 02:30 ET (07:30 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Associated British Foods (PK) Chart

1 Year Associated British Foods (PK) Chart

1 Month Associated British Foods (PK) Chart

1 Month Associated British Foods (PK) Chart