Shares in AB Foods Slide After Primark Owner Warns of Falling Profits Next Year
By Scott Kanowsky Investing.com — Shares in Associated British Foods PLC (LON:) fell sharply on Thursday after the U.K. retailer warned that it expects total income to decline in its next financial year as inflation headwinds face its key Primark business. In a trading statement that was originally due out next week, the company predicted …
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