Join our community of smart investors

ABF reinstates dividend despite Primark losses

The group’s clothing business has suffered from repeated virus-induced lockdowns
ABF reinstates dividend despite Primark losses
  • Primark enjoyed record sales after some stores reopened this month
  • But projected losses for the second half stand at £700m

Primark stores in England and Wales enjoyed record sales in the week after they reopened on 12 April. Welcome news for parent company Associated British Foods (ABF) after months of government mandated closure.

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in