Abstracts » Business

Associated British Foods

Article Abstract:

Associated British Foods reported a rise in operating profit of 18% for the half year to Mar 1996, and the contribution from manufacturing rose to 147 million pounds from 131 million pounds. Retailing profits rose to 34 million pounds sterling from 22 million pounds, with Primark accounting for half the rise in profit. ABF is performing well. Associated British Foods' full year profit is forecast at between 410 million pounds and 420 million pounds compared with 375 million pounds.

GENERAL MERCHANDISE STORES, Bakery Products, Bread and Bakery Product Manufacturing, Retail industry, Retail trade, Retail stores, Baked goods

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Associated British Foods

Article Abstract:

Associated British Foods faces problematic commodities exposure, though its Primark discount clothing stores are performing well. Williams de Broe and UBS Warburg rate the company's stocks a buy, and Charterhouse Securities rates them an add.

Apparel & Shoe Stores, Clothing and Clothing Accessories Stores, APPAREL AND ACCESSORY STORES, Clothing stores

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Associated British Foods

Article Abstract:

Associated British Foods is altering its business mix to boost turnover, which has risen sluggishly.

Associated British Foods

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