Associated British Foods PLC

ABF: XLON (GBR)
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Associated British Foods: Weak Primark Growth and Vivergo Plant Closure; Shares Slide 10%

In its second-half fiscal 2025 trading update, Associated British Foods guided to 1% sales growth and 15 new store openings at Primark. The group also announced the closure of its long-struggling bioethanol plant and a merger with Hovis bread. Shares fell 10% at the market open on Sept. 10.

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