Associated British Foods

Associated British Foods is the Weston family’s UK arm. The Westons still own over 50% and through their careful husbandry it now owns a raft of the UK’s best-known brand names including Twinings tea, Ovaltine, Primark and British Sugar.

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Primark owner Associated British Foods (ABF) this morning warned lockdown store closures would take £1.1bn off first half sales

February 25, 2021

Associated British Foods (ABF), the owner of Primark, said the closure of the budget fashion chain’s stores had cost the

January 14, 2021
UK Non-essential Retailers Reopen To Shoppers As Coronavirus Lockdown Eases Further

Overnight opening hours, queue-management systems and lashings of promotions – Primark did everything it could to keep its customers happy

January 13, 2021
Primark owner Associated British Foods (ABF) said today that sales at the high street chain had surged in the fourth quarter

England’s second national lockdown wiped an estimated £430m off Primark’s balance sheet, as the pandemic continues to decimate British high

December 4, 2020
Weekly outlook: FTSE heavyweights in spotlight as election day arrives

It’s election day at last, and while the outcome of Tuesday’s vote in the US will drive the headlines for

November 2, 2020
Primark owner Associated British Foods (ABF) said today that sales at the high street chain had surged in the fourth quarter

Primark owner Associated British Foods (ABF) said today that sales at the high street chain had surged in the fourth

September 7, 2020
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Primark owner Associated British Foods has announced that it is eligible for funding from the government’s Covid Corporate Financing Facility

April 17, 2020
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Primark’s like-for-like UK in-store sales dipped over the Christmas trading period, the budget retailer announced this morning.  The high street

January 16, 2020
Primark set to drive another year of growth for ABF

Associated British Foods (ABF), the British multinational which owns Primark, reiterated its outlook for the new financial year ahead of

December 6, 2019
Primark sales fell on a like-for-like basis but Associated British Foods still expects higher profits

Primark sales rose four per cent above last year’s level for the year to date, owner Associated British Foods (ABF)

July 4, 2019

Primark delivered an “excellent” 25 per cent profit growth in the six months to March even as owner Associated British

April 24, 2019

Primark said today it expects half-year sales to grow four per cent compared to last year, driven by new store openings, but the budget

February 25, 2019

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