Associated British Foods Fiscal Year 2019 Performance in Line With Expectations
December 07 2018 - 2:48AM
Dow Jones News
By Oliver Griffin
Associated British Foods PLC (ABF.LN) said Friday that its
performance in the new financial year has been in line with
expectations, despite difficult conditions for its Primark business
in November.
The U.K. company said that performance in the first eight weeks
of fiscal 2019 was as expected and that, despite difficulties, its
expectation for a profit increase at Primark is unchanged.
The company backed its full-year guidance and said it still
expects adjusted earnings per share for the new financial year to
be in line with fiscal 2018.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
December 07, 2018 02:33 ET (07:33 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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