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ABF Associated British Foods Plc

1,869.00
6.50 (0.35%)
06 Feb 2025 - Closed
Delayed by 15 minutes
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
  6.50 0.35% 1,869.00 1,873.50 1,874.00 1,877.00 1,850.00 1,868.50 1,374,487 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Textile Goods, Nec 20.07B 1.46B 1.9867 9.43 13.64B

AB Foods: Primark Drives 1Q Trading, Sees Lower FY13 Sugar Profit

07/12/2012 11:39am

Dow Jones News


Associated British Foods (LSE:ABF)
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LONDON--Associated British Foods PLC (ABF.LN), a diversified international food, ingredients and retail group, said Friday trading in the first two months of the new financial year has been good, primarily driven by Primark where the momentum that delivered the strong finish to last year has continued, but the critical Christmas trading period lies ahead.

MAIN FACTS:

-AB Foods expects a reduction in profit from AB Sugar for the full year, as a result of lower E.U. production, but this would be more than offset by further growth at Primark and some recovery in Grocery.

-Expect group to make some further progress in this new financial year but, in contrast to last year, this will be weighted towards the first half.

-Shares at 1105 GMT up 10 pence, or 0.68%, at 1485 pence valuing the company at 11.68 billion pounds.

-Write to Ian Walker at ian.walker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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