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Associated British Foods PLC Shares News & Articles

Associated British Foods’ shares fall to 5-year low as inflation warning weighs

Shares in Associated British Foods (ABF) fell 5.1% to a five-year low of £15.47 after the FTSE 100 company warned its Primark discount fashion chain will need to raise prices in order to offset rampant cost inflation. The foods-to-fashion conglomerate also guided towards a greater than expected drop in Primark’s second half operating margin to reflect ‘further inflationary pressures’ and ...
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