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 has announced that it is eligible for funding from the government’s Covid Corporate Financing Facility

April 17, 2020

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

Primark today reported a rise in revenues over the festive period as store expansion outweighed a fall in like-for-like sales.

January 17, 2019

Shares in Debenhams plunged almost nine per cent this morning amid fears of poor trading over the festive period. The

January 2, 2019

The chairman of the company behind Primark is today warning of a tough market for retail saying that during November

December 7, 2018

An influential advisory group today recommended that shareholders vote against the "excessive" pay package of the Associated British Foods (ABF)

December 5, 2018

Fortnum & Mason today opened a new restaurant and shop in the Royal Exchange in a move it said marks

November 12, 2018

Primark has today been pinned as next year's source of growth for its owner Associated British Foods (ABF), which is

November 6, 2018

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