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Page 4 - தொடர்புடையது பிரிட்டிஷ் உணவு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AB Foods share price: where next ahead of its interim results?

What to expect from the results AB Foods is unlike any other stock in London thanks to its unique business model. Although it is best known for owning low-cost clothing retailer Primark it also produces sugar, bakery ingredients, feed for livestock and a wide range of well-known grocery brands like Twinings tea and Kingsmill bread. The diversity of the business has proven beneficial for AB Foods during the pandemic. Although Primark doesn’t naturally fit with the rest of the business, it is the main driver of both revenue and profits during normal times. And while Primark has suffered heavily during the pandemic, especially as it has no online presence, the resilience of its food-based businesses has helped cushion the blow.

Work starts on £13m site on former bakery depot in Norwich

Work has started to create a £13m site on the former Allied Bakeries depot. - Credit: Danielle Booden Work has started to create 17 units across more than 116,000 sqft on a former Allied Bakeries site in Norwich. Work has started on creating a 116,500sqft site on a former bakery depot. This is how it will look when finished. - Credit: Supplied It comes after the owners of the bakery depot announced in 2017 that its Diamond Road facility would shut because too much work was needed to modernise it. Work has started on the former Allied Bakeries depot in Norwich. - Credit: Danielle Booden

Primark first-half sales on track to fall 40% but the retailer still expects to break even and to flourish once store reopen

Primark first-half sales on track to fall 40% but the retailer still expects to break even and to flourish once store reopen
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