0847 GMT - AB Food investors will most likely be focused on Primark's weak results in Europe, Panmure Liberum analysts say. Sales in Europe were down 2% year-on-year for the retailer. The overall adjusted operating margin is resiliently in-line with expectations at 11.7%, the analysts write. Meanwhile, investors will also be focused on the profit outlook of AB Foods' sugar business. The analysts say have profit has bottomed, despite weak caps on European sugar prices right now. Shares in AB Foods are down 9.6% at 20.25 pounds. (aimee.look@wsj.com)
(END) Dow Jones Newswires
Primark projected a 2% decline in overall like-for-like sales for the second half of 2025. "Primark's Weak Europe Sales in Focus -- Market Talk," at 0848 GMT, incorrectly said the company posted a 2% decline for European sales in the second half.
(END) Dow Jones Newswires
September 10, 2025 09:17 ET (13:17 GMT)
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