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Primark owner AB Foods' confident outlook boosts shares

The Primark logo can be seen on windows at Primark's new Spanish flagship store in Madrid,
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LONDON (Reuters) - Associated British Foods forecast earnings growth in its new financial year on Tuesday, with anticipated progress in its sugar and grocery businesses supplementing the further expansion of its Primark fashion chain.The company's stock was up 5% at 0907 GMT to take gains for the year to 16%, after the group, which also owns major agriculture and ingredients arms, beat its..
Date Published: Nov 05, 2019
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