ABF shares plunge as Primark Europe slump triggers profit warning — what investors watch next
London, Jan 8, 2026, 08:42 GMT — Regular session Shares in Associated British Foods plc (ABF.L) fell sharply on Thursday after the Primark owner warned annual profit would drop, hit by weak clothing demand in continental Europe and softer sales in parts of its U.S. food business. The stock fell as much as 11.7% to 1,901 pence in early London trade and is down about 5% over the past year. City AM ABF said it now expects adjusted operating profit and adjusted earnings per share to come in below last year, reversing its earlier forecast for growth in 2026. “We
