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Share Name Share Symbol Market Type Share ISIN Share Description
Associated British Foods Plc LSE:ABF London Ordinary Share GB0006731235 ORD 5 15/22P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 0.43% 2,350.00 2,353.00 2,354.00 2,357.00 2,328.00 2,354.00 632,221 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 13,937.0 686.0 57.6 40.8 18,604

Associated British Foods Share Discussion Threads

Showing 2501 to 2525 of 2675 messages
Chat Pages: 107  106  105  104  103  102  101  100  99  98  97  96  Older
DateSubjectAuthorDiscuss
04/12/2020
07:20
Excellent performance in challenging times. Well done. Notwithstanding the currently announced periods of restriction, we continue to expect Primark sales and profit to be higher this financial year compared to last. We will continue to expand retail selling space. At this early stage in our new financial year trading across Grocery, Sugar, Ingredients and Agriculture has been ahead of both expectation and last year. Our forecast for UK sugar production for 2020/21 is now 0.9m tonnes, lower than previously expected and well down on last year's 1.19m tonnes, due to the severe impact of virus yellows disease on sugar beet. Mainly driven by an improved performance in Illovo, for the full year AB Sugar is still expected to deliver a higher profit.
tlobs2
04/12/2020
07:02
Associated British Foods PLC AGM Trading update. Associated British Foods plc is holding its Annual General Meeting today. At the meeting the Chairman, Michael McLintock, will say: "Today I am providing a trading update for the group, further to our statement of 2 November which detailed the store closures expected at that time due to government restrictions in many of the markets where Primark trades, and further to our annual results announcement of 3 November. Stores in our major markets of the Republic of Ireland, England, France and Belgium reopened in the last week. Sales in the days since reopening in each of these markets have once again been very strong, reflecting the excitement and appeal of the Primark offering. We have extended the opening hours during this festive season in most of our stores in the Republic of Ireland and England to cater for the anticipated higher customer demand and to help ensure a safer environment by spreading shopping hours over a longer period. Across our markets 34 stores remain temporarily closed, including all stores in Northern Ireland and Austria, and the government-announced periods of closure vary by market. This represents 7% of our total retail selling space compared to 62% when the highest number of stores were closed in November. Our estimate for the loss of sales for the announced periods of closure this Autumn is now some GBP430m. The operating costs of the stores which were closed were reduced by some 25% during this period of closure. All orders placed with our suppliers have been honoured. In a small number of markets trading hours and store occupancy levels continue to be restricted and uncertainty about further temporary store closures in the short-term remains. Since the start of this financial year we have opened new stores in the US: American Dream, New Jersey and Sawgrass Mills, Florida. The success of these store openings in the US and our like-for-like performance in our reopened stores is very encouraging, reinforcing our confidence in the acceleration of our US store opening programme. We had a very strong customer response to the opening of our first store in Rome, Italy last week. We have opened our fifth store in Barcelona, Spain and this morning we have opened our 50(th) store in Spain, in León. These store openings bring our total estate to 389 stores and 16.5m square feet of retail selling space. Notwithstanding the currently announced periods of restriction, we continue to expect Primark sales and profit to be higher this financial year compared to last. We will continue to expand retail selling space. At this early stage in our new financial year trading across Grocery, Sugar, Ingredients and Agriculture has been ahead of both expectation and last year. Our forecast for UK sugar production for 2020/21 is now 0.9m tonnes, lower than previously expected and well down on last year's 1.19m tonnes, due to the severe impact of virus yellows disease on sugar beet. Mainly driven by an improved performance in Illovo, for the full year AB Sugar is still expected to deliver a higher profit. Following the UK's exit from the EU, our businesses have completed all practical preparations for the end of the transition period this month and contingency plans are in place should our businesses experience some disruption at that time."
skinny
03/12/2020
18:32
So much for social distancing!
gateside
03/12/2020
18:25
Primark chaos as shoppers wait up to 6 hours to get inside then face hour-long queue to pay HTTPS://www.thesun.co.uk/news/13367848/late-night-xmas-shoppers-primark-chaos-lockdown/
philanderer
03/12/2020
15:00
Same again tomorrow would be good. LOL. They're mad for it :-) hxxps://www.birminghammail.co.uk/news/midlands-news/massive-late-night-primark-queue-19390653?fbclid=IwAR1muzUFmPxz4Dq8j3jxK0haODkTFuuIfXoXP1mExwtDgPcAk1t20850Hh0
tlobs2
03/12/2020
11:23
AGM tomorrow. Last year ABF put out a trading statement at the same time.
philanderer
03/12/2020
10:59
Only thing that concerns me is people have less reason to visit the high street
spoole5
03/12/2020
10:20
They must be mad ! hxxps://www.thesun.co.uk/news/13367848/late-night-xmas-shoppers-primark-lockdown/
tlobs2
02/12/2020
15:08
Expecting this to soar next year, competition reduced, people looking for value, new stores opening with reduced rents.
spoole5
02/12/2020
13:48
A report from Birmingham Live showed a large group of people queueing outside Primark before it opened at 7am on Wednesday. The cut-price chain has reopened its 153 stores with longer shopping hours, while 11 stores will trade through the night, into Thursday. [...]
philanderer
02/12/2020
08:13
The competition is disappearing, these are perfect conditions for primark
spoole5
02/12/2020
08:02
LOL. BBC news show people already shopping in Primark in the Trafford Centre !
tlobs2
30/11/2020
20:27
Arcadia in administration. Surely that will push more punters our way on Wednesday? Suet
suetballs
30/11/2020
10:50
There are only so many black tee shirts that I can wear! :-)
skinny
30/11/2020
10:35
RBC RAISES ASSOCIATED BRITISH FOODS PRICE TARGET TO 2,300 (2,100) PENCE - 'OUTPERFORM'
philanderer
30/11/2020
09:33
It'll certainly be Primarks best ever lead up to Christmas I would have thought with all that pent up demand :-)
tlobs2
30/11/2020
08:24
Could be their best xmas ever
spoole5
28/11/2020
11:38
Primark release statement on Northern Ireland stores as English ones plan to open for 24 hours HTTPS://www.belfastlive.co.uk/news/primark-release-statement-northern-ireland-19361176
philanderer
27/11/2020
11:57
No time for Green - £30m is nothing to him or his wife. Sell his yacht! Feel very sorry for the employees though. Suet
suetballs
27/11/2020
11:28
Arcadia group on the brink
spoole5
24/11/2020
21:01
My daughter is counting down the days until she is able to go to do a BIG shop at Primark next week. LOL There will be hundreds of thousands of others now in the market in the UK for Christmas presents and jumpers now they can have family gatherings. Next step for me is £25 after banking a little bit of profit earlier today :-)
tlobs2
23/11/2020
09:27
Can see primark sales really motoring next year, and they are continuing with new store role outs which will benefit from lower rents. Food operations will probably experience some slowdown but one complements the other. If this wasn't majority family owned it would have been broken up years ago.
spoole5
23/11/2020
08:39
Amazed this has not moved further ahead.. I am convinced it will made operating profit of £891 million in June. (30% down on 2019) But while others are making losses this company is still coining it. A survivor and thriver for sure.
undervaluedassets
23/11/2020
08:17
This will really start to motor after xmas imo
spoole5
22/11/2020
09:58
OT Just read a book called Oldies Inc. It's about a stockbroker who has hit the skids. Sounded familiar, so I read it. Great fun. A real page turner. FYI Oldies-inc.com Author's website and he reads the beginning. Enjoy
brokebroker1
Chat Pages: 107  106  105  104  103  102  101  100  99  98  97  96  Older
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