LONDON (Reuters) - Associated British Foods (LON:ABF)' profit margin for its grocery division will fall in its 2022-23 year as input costs continue to outpace price rises for its...
By James Davey LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter as shoppers returned to stores, parent Associated...
Stocks are trading a tad firmer in the early part of the session, after a toughish week. US indices fell for a fifth straight day on Friday, weighed down by Apple's (NASDAQ:AAPL)...
Read our pick of the top stories to look out for this week (19-23 April), and view our key company earnings schedule. Michael looks back at last week’s price action, and the...
Associated British Foods plc is a United Kingdom-based diversified international food, ingredients and retail company. It operates in approximately 53 countries across Europe, Africa, the Americas, Asia and Australia. The Company has five segments. Grocery segment is engaged in the manufacturing of grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products. Sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users and to Silver Spoon. Agriculture segment is engaged in the manufacturing of animal feeds and the provision of other products for the agriculture sector. Ingredients segment is engaged in the manufacturing of bakers’ yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialties. Retail segment is engaged in buying and merchandising clothing and accessories through the Primark and Penneys retail chains.