AB Foods' Primark Margin, Cash Returns in Focus -- Market Talk

Dow Jones11-04

1527 GMT - In addition to details on the fiscal 2025 outlook, investors will look for comments about Primark's margin in Associated British Foods' fiscal 2024 report on Tuesday, UBS analyst Sreedhar Mahamkali says. Comments regarding the first-quarter performance of Primark--which accounts for most of the company's earnings--will be key to assess how the start of the new fiscal year is progressing. Another area to watch will be cash returns. The company announced a 500 million pound share buyback last year, a special dividend of 12.7 pence a share and a final dividend payout of 33.1 pence, the analyst writes. Market consensus forecasts a total dividend of 71.6 pence a share and a share buyback of 340 million pounds in fiscal 2025, the analyst adds. Shares are up 0.7%. (michael.susin@wsj.com)

(END) Dow Jones Newswires

November 04, 2024 10:27 ET (15:27 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480874835?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-04 23:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480874835","market":"sg","top_or_hot":-1,"title":"AB Foods' Primark Margin, Cash Returns in Focus -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1527 GMT - In addition to details on the fiscal 2025 outlook, investors will look for comments about Primark's margin in Associated British Foods' fiscal 2024 report on Tuesday, UBS analyst Sreedhar Mahamkali says. Comments regarding the first-quarter performance of Primark--which accounts for most of the company's earnings--will be key to assess how the start of the new fiscal year is progressing. Another area to watch will be cash returns. The company announced a 500 million pound share buyback last year, a special dividend of 12.7 pence a share and a final dividend payout of 33.1 pence, the analyst writes. Market consensus forecasts a total dividend of 71.6 pence a share and a share buyback of 340 million pounds in fiscal 2025, the analyst adds. Shares are up 0.7%. (michael.susin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 10:27 ET (15:27 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AB Foods' Primark Margin, Cash Returns in Focus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAB Foods' Primark Margin, Cash Returns in Focus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1527 GMT - In addition to details on the fiscal 2025 outlook, investors will look for comments about Primark's margin in Associated British Foods' fiscal 2024 report on Tuesday, UBS analyst Sreedhar ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASBFY","symbol_name":"Associated British Foods plc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2480874835","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480874835","pubTimestamp":1730734020,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1527 GMT - In addition to details on the fiscal 2025 outlook, investors will look for comments about Primark's margin in Associated British Foods' fiscal 2024 report on Tuesday, UBS analyst Sreedhar Mahamkali says. Comments regarding the first-quarter performance of Primark--which accounts for most of the company's earnings--will be key to assess how the start of the new fiscal year is progressing. Another area to watch will be cash returns. The company announced a 500 million pound share buyback last year, a special dividend of 12.7 pence a share and a final dividend payout of 33.1 pence, the analyst writes. Market consensus forecasts a total dividend of 71.6 pence a share and a share buyback of 340 million pounds in fiscal 2025, the analyst adds. Shares are up 0.7%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ASBFY":"Associated British Foods plc","LU0029874061.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" YDIS INC","BK4135":"资产管理与托管银行","LU0128526141.USD":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","BK4212":"包装食品与肉类","BK4590":"PTP","AB":"联博控股"},"translate_title":"AB Foods的Primark利润率和现金回报成为焦点——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AB":1,"ASBFY":0.9},"content_text":"1527 GMT - In addition to details on the fiscal 2025 outlook, investors will look for comments about Primark's margin in Associated British Foods' fiscal 2024 report on Tuesday, UBS analyst Sreedhar Mahamkali says. Comments regarding the first-quarter performance of Primark--which accounts for most of the company's earnings--will be key to assess how the start of the new fiscal year is progressing. Another area to watch will be cash returns. The company announced a 500 million pound share buyback last year, a special dividend of 12.7 pence a share and a final dividend payout of 33.1 pence, the analyst writes. Market consensus forecasts a total dividend of 71.6 pence a share and a share buyback of 340 million pounds in fiscal 2025, the analyst adds. Shares are up 0.7%. (michael.susin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 04, 2024 10:27 ET (15:27 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480874835"}