We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18.00 | 0.95% | 1,908.50 | 1,913.50 | 1,914.50 | 1,914.50 | 1,888.00 | 1,893.00 | 2,695,951 | 16:35:05 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Textile Goods, Nec | 20.07B | 1.46B | 1.9867 | 9.64 | 13.85B |
From Feb 2020 to Feb 2025
LONDON--Associated British Foods PLC (ABF.LN)), an international food, ingredients and retail group which owns budget clothing store Primark, Monday denies that Illovo is engaged in anything illegal, immoral or designed to reduce the tax payable to the Zambian government.
MAIN FACTS:
-Since 2008 Illovo has invested 150 million pounds to double the production capacity in Zambia and create the largest sugar mill in Africa.
-Capital allowances on this investment have resulted in no corporate tax being payable since the investment was made.
-The availability of these allowances has nothing to do with tax avoidance.
-Payments made by Zambia Sugar for the services of third party contractors, expatriate personnel in Zambia and export services provided by Illovo, are made at cost.
-As a result there is no artificial reduction in profit in Zambia Sugar; payments are made to overseas companies, largely for historical reasons, and aren't driven by tax considerations.
-Company was responding to an ActionAid report.
-Shares closed Friday at 1759 pence valuing the company at GBP13.93 billion.
-Write to Ian Walker at ian.walker@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Associated British Foods Chart |
1 Month Associated British Foods Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
