Primark Owner Associated British Foods Posts Revenue, Profit Below Views
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2025
0mins
Should l Buy ?
Source: WSJ
Financial Performance: Associated British Foods, owner of Primark, reported a pretax profit of £692 million for the first half of the year, which is 21% lower than the previous year and below analysts' expectations.
Challenges in Sugar Business: The decline in profits is attributed to difficulties faced in its sugar business segment.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
