ABF pre-tax profits fall 10% to £1.3bn as Primark and sugar margins drop
The grocery and ingredients businesses suffered earnings declines, while Primark’s European like-for-like sales fell 4.7%
Vers nieuws uit voeding, dranken, persoonlijke verzorging, huishoudelijke verzorging, retail en FMCG-diensten, automatisch bijgewerkt en gelinkt naar de oorspronkelijke uitgever.
The grocery and ingredients businesses suffered earnings declines, while Primark’s European like-for-like sales fell 4.7%
Associated British Foods has forecast another profit decline this year after reporting a 14% fall in 2025/26.
AB Foods says a Primark spin-off will sharpen focus and governance, but shareholder gains from the retail demerger remain uncertain.