Associated British Foods PLC (ABF.L)
5 Feb 2016
LONDON, Jan 14 Associated British Foods said total sales at its discount fashion store Primark were up 7 percent in the four months leading up to Christmas on a constant currency basis, boosted by new store openings in Spain and the United States.
LONDON, Oct 21 EU sugar stocks are tightening, triggering expectations for up to 600,000 tonnes of imports of raw sugar into the bloc over the next year, much of it likely from Brazil, trade sources said on Wednesday.
** SocGen downgrades rating on Associated British Foods to "hold" from "buy", with brokerage pointing out that expectations of strong growth at Primark now fairly reflected in valuation
MADRID Primark opened a glitzy new flagship store in Madrid on Thursday, squarely planting the budget fashion retailer in the Spanish backyard of Zara-owner Inditex .
* Store housed in iconic building owned by rival Inditex's founder
* Shares down 1.9 percent (Adds analyst comment, share price)
LONDON, Sept 7 Associated British Foods maintained its full-year earnings forecast on Monday, with progress at Primark and at its grocery, ingredients and agriculture businesses expected to be offset by a large reduction in profit in its sugar business.
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Associated British Foods PLC: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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