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News 2026-09-10 06:57 UTC

AB Foods expects sugar unit losses to deepen

AB Foods said prolonged hot weather in the UK and Europe hit consumer demand for Twinings tea. It also expected FY26 group adjusted operating profit to be broadly in line with its previous expectation and forecast Primark like-for-like sales declines.

News 2026-09-10 06:07 UTC

ABF Primark 4Q like-for-like sales fall around 3.0%

Associated British Foods LSE:ABF said on Thursday its Primark clothing business, which it plans to spin off next year, will offer home delivery in the UK in the future.The group said Primark's like-for-like sales are expected to be down 3.0% in its fourth quarter to September 12.