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Tuesday 23 April 2024 7:32 am|Updated:Tuesday 23 April 2024 9:09 amPrimark owner ABF raises dividend as markets lsquo;return to normalityrsquo;By: Laura McGuireShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailPrimark owner Associated British Food ABF has raised its dividend following a strong set of results in the 24 weeks to 2 March.Primark owner Associated British Food ABF has raised its dividend following a strong set of results, thanks in part to a Rita Ora-driven campaign. The retail and food giantrsquo board revealed operating profit grew 39 per cent over the period to pound;911m, helped by a ldquo <a href=https://www.bru-mate.ca>brumate</a> ;return to normality in markets such <a href=https://www.polenes.com.es>polene</a> as sugar and its grocery arm which makes brands such as Blue Dragon, Ryvita, Jordans, Kingsmill and Twinings.Sales at Primark rose 7.5 per cent, slightly below the 7.9 per cent increase the company reported in the 16 weeks to January.ABF blamed a slow start for ma <a href=https://www.polenes.com.es>polene bolsos</a> ny cold weather categories due to unseasonal warm weather.The FTSE 100 firm said revenue still increased six per cent to pound;4.5bn, and operating profit at Primark grew 45 per cent to pound;508m.This was driven by demand for womenrsquo clothing with the store helped by its collaboration with pop star Rita Ora.ABF is targeting 530 Primark stores by the end of 2026 and said it has visibility for continued footprint expansion beyond this goal.George Weston, chief executive of Associated British Jkxr Pinewood Technologies strikes deal with AI firm to bolster US expansion
Saturday 04 July 2020 12:01 am|Updated:Saturday 04 July 2020 9:40 amProduction under controversial ventilator challenge comes to an endBy: Harry RobertsonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailThe government said the <a href=https://www.polene-bags.us>polene cyme</a> NHS now has more than 25,000 ventilators available to itProduction of medical breathing devices under the UKrsquo ventilator challenge will <a href=https://www.hydro-jugs.us>hydrojug tumbler</a> come to a halt this weekend, with the government claiming success for its controversial scheme.The challenge was launched in late March when the government feared that the UKrsquo existing supply of ventilators ndash; machines which help people to breath in intensive care ndash; would be overwhelmed by the coronavirus crisis.Private companies were called upon to produce existing models or design their <a href=https://www.polenes.ca>polene cyme</a> own from scratch for use in the NHS.Production is to come to a close this weekend. The government said that around 14,000 devices have been produced by private companies in the UK including Penlon, Babcock and Breas Medical.However, forecasts of tens of thousands of people needing ventilators did not come true. The vast majority of those needing breathing equipment used the NHSrsquo already existing machines with few produced by the ventilator challenge being used.The UK has one of the worst coronavirus death tolls in the world, at more than 44,000. Yet a large number of these happened in care homes rather than hospital.Ventilat