Top UK Stocks to Watch: AB Foods reinstates dividend after reopening Primark stores
Joshua Warner April 20, 2021 9:01 AM
AB Foods hopes to get back on track, Avast shares pop as it raises expectations, Hammerson expects rent collection to improve as lockdown eases, Moneysupermarket’s revenue continues to slide during the pandemic, and Petra sees signs of a recovery in diamond prices. Share:
Top News: AB Foods says Primark sees ‘record’ sales after reopening
AB Foods reported steep falls in revenue and profit during the first half of its financial year, driven by the billions in lost sales whilst Primark stores were closed during lockdown, but reinstated the dividend and said it expects to be highly cash generative after it reopened stores.
AB Foods Resumes Dividend, Plans to Repay Government Support Despite GBP1 1 Billion Hit on Primark — Update
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La fermeture des magasins pèse sur les résultats de la maison mère de Primark
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