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Associated British Foods

Estable7 noticias5 fuentesÚltima actualización: 1/7/2026
Temas relacionadosprimarkretailbakerydemergerfashionearningscooking oilLatino households

Últimas noticias

US Cooking Oil Market Shrinks Due to Economic and Immigration Pressures on Latino Households, ABF Owner Says
En desarrollo
Business·1/7/2026Resumen IA

US Cooking Oil Market Shrinks Due to Economic and Immigration Pressures on Latino Households, ABF Owner Says

The US cooking oil market is contracting due to economic and immigration enforcement pressures on Latino households, according to George Weston, CEO of Associated British Foods (ABF). He noted increased oil reuse and a general "miserable" sentiment among this demographic, impacting sales of brands like Mazola. GLP-1 drugs are also affecting foodservice demand.

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Guardian Business
3 min de lectura
Associated British Foods scinde Primark: retail e alimentare separate, dual listing a Londra entro 2027
En desarrollo
Business·21/4/2026Resumen IA

Associated British Foods scinde Primark: retail e alimentare separate, dual listing a Londra entro 2027

Associated British Foods ha annunciato la scissione di Primark dalla divisione alimentare FoodCo, con entrambe le società che saranno quotate alla Borsa di Londra. La FoodCo, che diventerà Associated British Foods, genera un fatturato annuo di circa 9,8 miliardi di sterline con oltre 55.000 dipendenti. L'operazione dovrebbe completarsi entro la fine del 2027. George Weston sarà l'amministratore delegato di FoodCo, mentre Eoin Tonge guiderà Primark.

A
ANSA Economia
1 min de lectura
Associated British Foods to Demerge Primark as Profits Fall 9%
En desarrollo
Business·21/4/2026Resumen IA

Associated British Foods to Demerge Primark as Profits Fall 9%

Associated British Foods has confirmed plans to demerge Primark from its food business (containing Twinings, Kingsmill and Patak's) by the end of 2027, despite warning that the Middle East conflict may impact consumer spending. Group sales fell 2% to £9.46bn in the first half, with pre-tax profits down 9% to £632m. Primark's like-for-like sales declined 2.7% globally, though UK sales rose while mainland Europe fell 5.6% due to weak consumer confidence.

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Guardian Business
2 min de lectura
Associated British Foods set to announce Primark demerger plans as food and fashion arms face headwinds
En desarrollo
Business·19/4/2026Resumen IA

Associated British Foods set to announce Primark demerger plans as food and fashion arms face headwinds

Associated British Foods is poised to announce plans for a demerger of its Primark fashion business this week, as the group faces mounting pressures across both its fashion and food divisions. The potential split follows a strategic review announced in November and comes amid disappointing trading, with flat annual sales and falling profits. The Middle East conflict is expected to add further cost pressures, while the company also grapples with a competition regulator investigation into its planned bakery merger with Hovis.

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Guardian Business
2 min de lectura