AB Foods' Potential Primark and Food Split a Major Positive -- Market Talk

Dow Jones

Nov 04

0752 GMT - The proposed split of Associated British Foods' Primark and Food businesses is a major positive for investors, RBC analysts Richard Chamberlain and Manjari Dhar write in a note. Overall results for its 2025 fiscal year results were a mixed bag, with adjusted profit before taxes slightly better than expected, but weaker sales. Its outlook is cautious for food in particular, but the potential split will likely be well received by investors because it should narrow the company's implied conglomerate discount--which reflects the difference between the market value of a company and the sum of its different businesses. However, there could be a disadvantage in the lack of food cashflow to invest in the expansion of Primark, the analysts write. (aimee.look@wsj.com)

(END) Dow Jones Newswires

November 04, 2025 02:55 ET (07:55 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2580620714"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2580620714\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2580620714?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-04 15:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2580620714","market":"us","top_or_hot":-1,"title":"AB Foods' Potential Primark and Food Split a Major Positive -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0752 GMT - The proposed split of Associated British Foods' Primark and Food businesses is a major positive for investors, RBC analysts Richard Chamberlain and Manjari Dhar write in a note. Overall results for its 2025 fiscal year results were a mixed bag, with adjusted profit before taxes slightly better than expected, but weaker sales. Its outlook is cautious for food in particular, but the potential split will likely be well received by investors because it should narrow the company's implied conglomerate discount--which reflects the difference between the market value of a company and the sum of its different businesses. However, there could be a disadvantage in the lack of food cashflow to invest in the expansion of Primark, the analysts write. (aimee.look@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2025 02:55 ET (07:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AB Foods' Potential Primark and Food Split a Major Positive -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAB Foods' Potential Primark and Food Split a Major Positive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-04 15:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0752 GMT - The proposed split of Associated British Foods' Primark and Food businesses is a major positive for investors, RBC analysts Richard Chamberlain and Manjari Dhar write in a note. Overall results for its 2025 fiscal year results were a mixed bag, with adjusted profit before taxes slightly better than expected, but weaker sales. Its outlook is cautious for food in particular, but the potential split will likely be well received by investors because it should narrow the company's implied conglomerate discount--which reflects the difference between the market value of a company and the sum of its different businesses. However, there could be a disadvantage in the lack of food cashflow to invest in the expansion of Primark, the analysts write. (aimee.look@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2025 02:55 ET (07:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AB","symbol_name":"联博控股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2580620714","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580620714","pubTimestamp":1762242900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0752 GMT - The proposed split of Associated British Foods' Primark and Food businesses is a major positive for investors, RBC analysts Richard Chamberlain and Manjari Dhar write in a note. Overall results for its 2025 fiscal year results were a mixed bag, with adjusted profit before taxes slightly better than expected, but weaker sales. Its outlook is cautious for food in particular, but the potential split will likely be well received by investors because it should narrow the company's implied conglomerate discount--which reflects the difference between the market value of a company and the sum of its different businesses. However, there could be a disadvantage in the lack of food cashflow to invest in the expansion of Primark, the analysts write. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AB":"联博控股","ASBFY":"Associated British Foods plc","BK4135":"资产管理与托管银行","BK4598":"佩洛西持仓","BK4590":"PTP","LU0128526141.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","LU0029874061.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" YDIS INC","BK4212":"包装食品与肉类"},"translate_title":"AB Foods的潜在Primark和Food分裂是一个重大利好——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AB":1.5,"ASBFY":0.9},"content_text":"0752 GMT - The proposed split of Associated British Foods' Primark and Food businesses is a major positive for investors, RBC analysts Richard Chamberlain and Manjari Dhar write in a note. Overall results for its 2025 fiscal year results were a mixed bag, with adjusted profit before taxes slightly better than expected, but weaker sales. Its outlook is cautious for food in particular, but the potential split will likely be well received by investors because it should narrow the company's implied conglomerate discount--which reflects the difference between the market value of a company and the sum of its different businesses. However, there could be a disadvantage in the lack of food cashflow to invest in the expansion of Primark, the analysts write. (aimee.look@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 04, 2025 02:55 ET (07:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}