BRIEF-AB Foods' US oils business facing 'significant headwinds', says CEO

- Associated British Foods ABF.L:

  • AB FOODS CEO: 'DISAPPOINTED' THAT PRIMARK'S Q3 PERFORMANCE IN CONTINENTAL EUROPE NOT BETTER, CONVINCED IT WILL COME

  • AB FOODS CEO: PERFORMANCE OF NEW PRIMARK STORES IN NASHVILLE AND MEMPHIS HAS BEEN DISAPPOINTING SO FAR

  • AB FOODS CEO: AMBITION IS TO HAVE PRIMARK CLICK COLLECT SERVICE ACROSS CONTINENTAL EUROPE

  • AB FOODS CEO: PRIMARK TAKING 'MORE CAUTIOUS' VIEW ON BUYING HEAVYWEIGHT OUTERWEAR FOR AUTUMN/WINTER SEASON

  • AB FOODS CEO: DON'T THINK OUTLOOK FOR US OILS BUSINESS WILL CHANGE GOING INTO 2027 DUE TO 'SIGNIFICANT HEADWINDS'

  • AB FOODS CEO: PRIMARK'S CLICK COLLECT SERVICE IN UK 'OUTPERFORMING BUSINESS CASE'

Further company coverage: ABF.L nL8N4330BW