Associated British Foods Plc

Associated British Foods Full- year outlook remains unchanged

Associated British Foods plc (LON:ABF) today issued the following update prior to entering the close period for its full year results for the 52 weeks to 14 September 2019, which are scheduled to be announced on 5 November 2019. Trading performance Our full year outlook for the group is unchanged, with adjusted earnings per share expected to be in line …

Associated British Foods plc Significant trading developments

Associated British Foods plc (LON: ABF) has today issued a trading update for the 40 weeks to 22 June 2019 which summarises the significant trading developments since the last market update. Trading performance Group revenue from continuing businesses for the 40 weeks ended 22 June 2019 was 3% ahead of the same period last year at constant currency and 2% …

Associated British Foods plc Sales growth was delivered across most of the business

Associated British Foods plc (LON:ABF) today issued a trading update for the 16 weeks to 5 January 2019 summarising the significant trading developments since the last market update. Trading outlook Our outlook for the group is unchanged, with adjusted operating profit and adjusted earnings per share for the year expected to be in line with last year. Group revenue Group …

Associated British Foods plc full year outlook unchanged

Associated British Foods plc (LON:ABP) issued the following update prior to entering the close period for its full year results for the 52 weeks to 15 September 2018, which are scheduled to be announced on 6 November 2018.

Trading performance

Our full year outlook for the group is unchanged with progress expected in adjusted operating profit and adjusted earnings per share. Strong profit performances this year from Primark, Grocery, Agriculture and Ingredients are expected to more than offset the adverse effect of lower EU sugar prices.

As previously explained, net interest expense will be lower than last year, following favourable interest rate movements affecting non-sterling denominated borrowings in Southern Africa, and the underlying tax rate will benefit from the reduction in the US federal corporate tax rate.

Currency

With two thirds of the group’s operating profit earned outside the UK, the strengthening of ster