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Criticism from National Farmers’ Union follows surge in price of commodity to 12-year high
UK-based group that also produces Twinings tea bags warns it expects cost pressures to remain
Companies analysis from our sister publication
Associated British Food chief says theft and antisocial behaviour have hit fashion chain’s profit margins
Associated British Foods upgrade follows that of rival Next as consumer spending proves resilient despite cost of living crisis
Values guide German consumers’ shopping choices
Medium-term growth prospects justify bullish view of the shares
Associated British Foods cautions on consumer outlook for second half of year
Parent company ABF says stronger US dollar and price rises helped boost its profits
The 25-store trial marks the retailer’s potential foray into online shopping
Retail chain warns of ‘substantial and volatile’ cost inflation in year ahead
Weakness of sterling and euro against greenback raises costs for retail chain
Eoin Tonge had just recently been given added responsibility for strategy
Retailer will trial UK click-and-collect service as it reports quarterly sales growth 4% higher than pre-Covid
ABF seeks to mitigate impact of rising costs across its businesses
Plus, Evergrande’s overseas bonds in default, says Fitch and SEC prepares Spac crackdown
New capital allocation policy will return more cash to investors
Group plans to increase stores in America to 60 from 13 over five years
Plus, António Horta-Osório’s Credit Suisse power grab and Mohamed El-Erian
Fashion-chain owner Associated British Foods says profits to beat expectations as lower costs offset earlier sales decline
Fast-fashion chain bounces back with revenues above pre-pandemic levels while US rival retreats with closure of all UK stores
The UK group’s derided conglomerate model has displayed its risk-limiting value
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