Primark owner AB Foods' confident outlook boosts shares Associated British Foods has forecast earnings growth in its new financial year, with anticipated progress in its sugar and grocery businesses supplementing the further expansion … Business • 05 Nov 19
Primark sales dented by poor May weather - AB Foods Cold and rainy weather hit sales at Primark in May but the fashion retailer's profit margins are still growing, its parent Associated British Foods said … Business • 04 Jul 19
Primark cushions AB Foods as sugar earnings dissolve Associated British Foods has today reported flat first-half earnings, reflecting a near wiping out of profit from its sugar operation that was offset by growth … Business • 24 Apr 19
Primark owner AB Foods says no-deal Brexit 'reckless' Leaving the European Union at the end of March without a deal would be "reckless" for Britain, the finance chief of Primark owner Associated British … Business • 17 Jan 19
AB Foods to expand Primark in US and eastern Europe Associated British Foods plans to open more of its Primark stores in the US and eastern Europe after strong growth at the fashion chain boosted … Business • 06 Nov 18
Primark-owner warns of volatile pound as Brexit nears Uncertainty over Brexit and its impact on the pound is making it hard to predict the future profitability of Primark, the owner of the discount … Business • 10 Sep 18
Primark owner AB Foods maintains profit guidance Associated British Foods warned that lower European Union prices would hit profit in its sugar business, sending shares in the owner of the Primark fashion … Business • 05 Jul 18
Trading at AB Foods' new US Primark stores encouraging The first Primark discount clothes stores in the US are producing encouraging results, but owner Associated British Foods needs to learn more about the market … Business • 17 Apr 18
Nestle targets healthy sweet spot with designer sugar Nestle is launching a lower-sugar Milkybar made with a new version of the sweetener which could help ease the $185 billion confectionery industry's growing public … Business • 27 Mar 18
Primark owner AB Foods maintains earnings guidance Primark owner Associated British Foods has maintained its full-year earnings guidance, reporting quarterly revenue growth in all of its businesses apart from sugar. Business • 18 Jan 18
AB Foods profit jump driven by sugar rebound Associated British Foods' Primark discount fashion retailing arm traded well through the Easter holidays, the group's boss said, countering fears that British consumer demand was … Business • 19 Apr 17
New drug shows promise in preventing diabetes An injected drug that reduces blood sugar and promotes weight loss can cut the chances of at-risk patients developing type 2 diabetes by 80%, research … Science • 23 Feb 17
Nestle's technology to reduce sugar in chocolate Nestle, the world's largest packaged food group, said it had made a scientific breakthrough that has the potential to reduce sugar in its confectionary products … Business • 01 Dec 16
Dáil passes resolution to increase cigarette price The Dáil has passed a Financial Resolution which gives effect to the increase in excise duty on tobacco as part of Budget 2017. Budget 2017 • 12 Oct 16
Primark-owner AB Foods says Brexit no major threat Primark-owner Associated British Foods would not be damaged by Brexit its CEO said today after the company reported a bigger than expected increase in first-half … Business • 19 Apr 16
AB Foods to buy remaining stake of Illovo Sugar Associated British Foods, the biggest shareholder in Illovo Sugar, has reached an agreement to buy the rest of the South African sugar producer. Business • 08 Apr 16
Britain to introduce tax on sugary drinks Britain is to impose a tax on excessive sugar levels in soft drinks to cut down on spiralling childhood obesity levels. News • 16 Mar 16
AB Foods edges-up full year earnings guidance Associated British Foods edged up its full-year earnings forecast today, helped by recent currency moves and a pick-up in trading at its Primark clothing chain. Business • 22 Feb 16
Maynooth scientists make Type 2 diabetes discovery A team of scientists in Ireland has developed a series of new compounds which in time could be used to help treat Type 2 diabetes. News • 21 Jan 16
Warm weather stalled Primark's Christmas sales Associated British Foods said that unusually warm winter weather meant sales at its Primark discount fashion chain stalled in the nine weeks to January 2. Business • 14 Jan 16
Earnings at Primark owner AB Foods fall 2% Associated British Foods posted a 2% fall in annual earnings, as growth at its Primark chain, grocery, agriculture and ingredients businesses was more than offset … Business • 03 Nov 15
AB Foods expects year profits to meet forecast Associated British Foods has today maintained its full-year earnings forecast, as progress at Primark and in its grocery, ingredients and agriculture businesses helps to offset … Business • 07 Sep 15
World food prices in May lowest since 2009 - UN Global food prices in May fell to their lowest since September 2009 with declines in cereals, dairy and meat products outweighing slight increases in oils … Business • 04 Jun 15
AB Foods lowers earnings guidance on currency woes Associated British Foods has edged down its full-year earnings guidance on foreign currency concerns. Business • 21 Apr 15
WHO calls for dramatic drop in sugar consumption The World Health Organization has called for a dramatic drop in the consumption of sugar, "hidden" in everything from fizzy drinks and ketchup, as it … News • 04 Mar 15