Associated British Foods Fast-Tracks Update as Primark Falters, Cuts FY Profit and EPS View
Yahoo Finance·2026-01-12 17:07
In continental Europe, ABF said the consumer environment remained tough and did not meaningfully improve over Christmas. Management said the value proposition is a focus, but that the UK-style initiatives had not yet been fully rolled out in Europe, though implementation is now underway. Based on the UK response, ABF said it expects initiatives to improve European performance in coming months.The company said early results have been positive, particularly in womenswear, and described further opportunities a ...