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ABF Associated British Foods Plc

2,633.00
-23.00 (-0.87%)
Last Updated: 14:16:00
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
  -23.00 -0.87% 2,633.00 2,634.00 2,636.00 2,651.00 2,619.00 2,649.00 135,553 14:16:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Textile Goods, Nec 19.75B 1.04B 1.3790 19.11 19.95B

ABF Posts Slightly Better-Than-Expected Fiscal Year 2021 Results -- Market Talk

09/11/2021 8:21am

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Associated British Foods (LSE:ABF)
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Associated British Foods posted a slightly better-than-expected set of results for the year ended Sept. 18, RBC Capital Markets says. Ebit for the Primark and Sugar divisions was better than forecast, whereas Grocery, Ingredients and Agriculture delivered in line with expectations, the bank says. In addition, the special dividend of 13.8 pence a share wasn't expected, RBC says. Moreover, ABF expects Primark sales to increase by at least the GBP2 billion lost because of closed stores in the last fiscal year, the bank's analysts note. RBC has an outperform rating on the British conglomerate with a 2,300 pence price target. (jaime.llinares@wsj.com)

 

(END) Dow Jones Newswires

November 09, 2021 03:06 ET (08:06 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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