AB Foods Share News (ABF)

TOP NEWS: AB Foods earnings back to pre-Covid but Primark to up prices

(Alliance News) - Associated British Foods PLC on Tuesday said interim earnings and revenue have returned to their pre-Covid level, but it warned that its Primark discount fashion stores will need to raise prices in order to offset cost inflation.

Primark to raise prices as cost pressures mount

LONDON, April 26 (Reuters) - Budget fashion chain Primark will raise prices as it battles severe inflationary pressures, its parent Associated British Foods said on Tuesday, as it also warned on the margin outlook at its food businesses, sending shares lower.

LONDON MARKET OPEN: FTSE 100 bounces back but AB Foods and HSBC fall

(Alliance News) - Oil majors and housebuilders helped lift the FTSE 100 in early dealings on Tuesday, while Associated British Foods sat at the bottom of the list of London blue-chip and HSBC's first-quarter numbers underwhelmed.

LONDON BRIEFING: AB Foods says Primark will need to raise prices

(Alliance News) - Associated British Foods on Tuesday said interim earnings have returned to pre-virus levels, but the company warned that its Primark discount fashion stores will need to raise prices in order to offset cost inflation.

LONDON MARKET PRE-OPEN: AB Foods warns Primark must raise prices

(Alliance News) - Stocks in London are seen opening higher on Tuesday, taking heart from a decent trading day in New York overnight, where the tech sector got an M&A boost.

Primark warns of price rises as inflation bites, H1 profits soar

(Sharecast News) - Agribusiness-to-clothing group Associated British Foods on Tuesday reported soaring first-half profits, but warned of increasing prices at its Primark clothing business due to inflation.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies raises John Wood; Investec cuts Metro

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Primark launches UK website for browsing stock online

(Alliance News) - Primark has launched its website in the UK to allow customers to browse stock and check availability before heading to stores.

LONDON BROKER RATINGS: Berenberg cuts Polymetal and raises Hochschild

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON BROKER RATINGS: SocGen cuts Reckitt; UBS upgrades DS Smith

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Primark puts click-and-collect on radar as expansion gathers pace

LONDON, March 11 (Reuters) - Budget fashion chain Primark, which has shunned the extra cost of home delivery, could add click-and-collect services to its revamped website over time, but still sees new stores in markets such as Italy and the United States as its main growth driver.

British baker Greggs says cost pressures will cap growth

LONDON, March 8 (Reuters) - Britain's popular baker and fast food chain Greggs warned on Tuesday the surging cost of raw materials, energy and staff would limit any material profit growth in 2022, taking the shine off its rebound from COVID-19.

LONDON BROKER RATINGS: UBS raises Pearson; BofA ups Croda to buy

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

LONDON BROKER RATINGS: Downgrades for AB Foods, BT and Royal Mail

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: