AB Foods Forecasts Profit Drop
Associated British Foods projects lower profits for the coming year following a drop in annual earnings. The decline is driven by widening losses in its sugar division and softening sales at Primark.
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Associated British Foods PLC forecast another year of lower profits after reporting a 14% fall in earnings for 2025/26, pressured by deepening losses in its sugar business. The drop follows lower underlying sales at its Primark fashion chain, reflecting persistent pressure on consumer spending power.
