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Pin to quick picksAB Foods Share News (ABF)

Share Price Information for AB Foods (ABF)

London Stock Exchange
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Share Price: 2,635.00
Bid: 2,635.00
Ask: 2,636.00
Change: -21.00 (-0.79%)
Spread: 1.00 (0.038%)
Open: 2,649.00
High: 2,651.00
Low: 2,619.00
Prev. Close: 2,656.00
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AB Foods says COVID won't prompt Primark online rethink - CEO

Tue, 03rd Nov 2020 08:26

LONDON, Nov 3 (Reuters) - Primark-owner Associated British
Foods is not rethinking the lack of an online business
at the fashion retailer despite the COVID-19 crisis causing
prolonged store closures, its boss said on Tuesday.

"I think that COVID has more demonstrated the strength of
Primark than the weakness," Chief Executive George Weston told
Reuters.

He said Primark's trading was strong when stores reopened
after coronavirus lockdowns, while new stores were still being
well received in new markets.

"What we've seen with Primark is when people are able to
shop they prefer to shop with us than do so online," he said.

Weston also noted that over half of Primark's core customers
did not buy anything online during lockdown, preferring to wait
for stores to reopen.

"That is I think a very reassuring statistic," he said.

(Reporting by James Davey, Editing by Paul Sandle)

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13 Sep 2023 07:51

Barclays lifts target price for AB Foods

(Sharecast News) - Barclays has raised its target price for the shares of Associated British Foods after the food, ingredients and retail group upped its profit guidance for the full year despite shrinking margins at its Primark division.

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12 Sep 2023 17:10

REPEAT: FTSE 100 ends higher as UK wage growth picks up

(Alliance News) - The FTSE 100 ended higher on Tuesday despite higher-than-expected wage growth data in the UK giving the Bank of England something to think about ahead of its interest rate decision next week.

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12 Sep 2023 16:59

LONDON MARKET CLOSE: FTSE 100 ends higher as UK wage growth picks up

(Alliance News) - The FTSE 100 ended higher on Tuesday despite higher-than-expected wage growth data in the UK giving the Bank of England something to think about ahead of its interest rate decision next week.

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12 Sep 2023 15:48

London close: Stocks maintain gains after latest jobs data

(Sharecast News) - London's top-flight index ended Tuesday on a positive note, with AB Foods in focus on the back of an optimistic trading statement, as investors pored over the latest UK jobs data.

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12 Sep 2023 11:55

LONDON MARKET MIDDAY: FTSE 100 edges up led by Primark-owner AB Foods

(Alliance News) - The FTSE 100 was outperforming its European peers at midday Tuesday, despite strong wage growth figures and higher unemployment in the UK.

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12 Sep 2023 09:11

TOP NEWS: AB Foods beats forecasts as higher profit expected

(Alliance News) - Associated British Foods PLC on Tuesday said in its financial year ending September 16 it performed slightly better than previous expectations.

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12 Sep 2023 07:52

LONDON BRIEFING: AB Foods beats expectations; UK unemployment rises

(Alliance News) - Stocks in London are called to open higher on Tuesday, while new data shows signs of softening in the UK labour market.

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12 Sep 2023 07:03

AB Foods lifts guidance again as Primark recovers

(Sharecast News) - UK conglomerate Associated British Foods lifted annual guidance again boosted by recovery at its Primark retail chain and strong performance from food operations.

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7 Sep 2023 09:45

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

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

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6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

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

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5 Sep 2023 15:47

UK earnings, trading statements calendar - next 7 days

Wednesday 6 September 
Apax Global Alpha LtdHalf Year Results
Ashmore Group PLCFull Year Results
Bakkavor Group PLCHalf Year Results
Barratt Developments PLCFull Year Results
Darktrace PLCFull Year Results
Gateley Holdings PLCFull Year Results
Halfords Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
M Winkworth PLCHalf Year Results
Malin Corp PLCHalf Year Results
Nexteq PLCHalf Year Results
Oxford Nanopore Technologies PLCHalf Year Results
Restaurant Group PLCHalf Year Results
WH Smith PLCTrading Statement
Thursday 7 September 
Angle PLCHalf Year Results
Beazley PLCHalf Year Results
Cairn Homes PLCHalf Year Results
Currys PLCTrading Statement
Direct Line Insurance Group PLCHalf Year Results
Energean PLCHalf Year Results
Funding Circle Holdings PLCHalf Year Results
Genus PLCFull Year Results
Hilton Food Group PLCHalf Year Results
Inspecs Group PLCHalf Year Results
International Public Partnerships LtdHalf Year Results
Lords Group Trading PLCHalf Year Results
Melrose Industries PLCHalf Year Results
Mpac Group PLCHalf Year Results
Playtech PLCHalf Year Results
Polarean Imaging PLCHalf Year Results
Safestore Holdings PLCTrading Statement
Synthomer PLCHalf Year Results
WAG Payment Solutions PLCHalf Year Results
Friday 8 September 
Berkeley Group Holdings PLCTrading Statement
Byotrol PLCFull Year Results
Computacenter PLCHalf Year Results
EJF Investments LtdHalf Year Results
Petershill Partners PLCHalf Year Results
Monday 11 September 
Engage XR Holdings PLCHalf Year Results
Inspired PLCHalf Year Results
MP Evans Group PLCHalf Year Results
Vistry Group PLCHalf Year Results
Tuesday 12 September 
Associated British Foods PLCTrading Statement
Cornerstone FS PLCHalf Year Results
Creo Medical Group PLCHalf Year Results
Digital 9 Infrastructure PLCHalf Year Results
Dowlais Group PLCHalf Year Results
Eleco PLCHalf Year Results
Equals Group PLCHalf Year Results
Feedback PLCFull Year Results
Fevertree Drinks PLCHalf Year Results
Gym Group PLCHalf Year Results
Harworth Group PLCHalf Year Results
hVIVO PLCHalf Year Results
IQE PLCHalf Year Results
Itaconix PLCHalf Year Results
JTC PLCHalf Year Results
Keywords Studios PLCHalf Year Results
Mattioli Woods PLCFull Year Results
Petra Diamonds LtdFull Year Results
Property Franchise Group PLCHalf Year Results
Regional REIT LtdHalf Year Results
Smart Metering Systems PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
21 Aug 2023 13:59

Broker tips: JD Sports, B&M, Diageo, Reckitt

(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.

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21 Aug 2023 07:35

Discount retailers ABF and B&M to 'outperform', says RBC

(Sharecast News) - RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.

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18 Aug 2023 11:51

LONDON MARKET MIDDAY: Retailers hit by slump in UK sales

(Alliance News) - Stock prices in London were lower at midday Friday, as UK retailers were hit by worse than expected sales in July.

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16 Aug 2023 14:19

H&M probes alleged Myanmar factory abuses as pressure intensifies

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