ANALYST VIEWS: HOW WELL IS AB FOODS MANAGING RISING COSTS?

ANDREW WOOD | BERNSTEIN
Slowing results have seen a poor stock performance. While the management update may drive a relief rally that guidance was not reduced, we see little justification for a sustained rally in the stock.

GRAHAM JONES | PANMURE
We remain bullish about the opportunity for Primark to continue its roll-out in Iberia, Benelux and Germany and we raise the shares from Hold to Buy.