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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,908.50 | 1,913.50 | 1,914.50 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Textile Goods, Nec | 20.07B | 1.46B | 1.9867 | 9.61 | 13.98B |
From Feb 2020 to Feb 2025
LONDON-- Associated British Foods PLC (ABF.LN), the ingredients supplier and owner of Primark clothing stores, said Thursday that group revenue in the 40 weeks ended June 22 was up by 9%, with AB Sugar sales and profit on track for the full year and Primark year to date sales up 22%.
MAIN FACTS:
-Sugar sales were down 15% in the 16 weeks ended June 22, but up 1% in the 40 weeks ended June 22; Retail sales were up 20% in the 16 weeks ended June 22, up 22% in the 40 weeks.
-No change in expectation of good progress in full year adjusted earnings per share
-Primark: In the third quarter, like-for-like growth was subdued during the very cold months of March and April but there was a marked improvement with the better weather in May and June.
-Building collapse at Rana Plaza in Bangladesh in April; Primark has committed to long-term compensation for victims who worked for its supplier, and their dependents.
-Net debt at June 22, 2013 was more than 250 million pounds lower than the half year, at GBP1.1 billion; further reduction is expected by the year end.
-Shares closed Wednesday at 1,815 pence valuing the company at GBP14.37 billion.
-Write to Rory Gallivan at rory.gallivan@dowjones.com; Twitter: @RoryGallivan
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Associated British Foods Chart |
1 Month Associated British Foods Chart |
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