
Eoin Tonge
TODAY THE Primark/Penneys operation dominates its parent company, Associated British Foods (ABF), with sales of £9.5bn and operating profits of £1.1bn in the 12 months to September 13, 2025 – representing 49% of group turnover and, more significantly, 63% of group operating profits. Fans of Moneybags will be well aware that a potential spin-off of… Read more »
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