Primark owner AB Foods falls after reiterating weak forecast

Associated British Foods

Wed 08:14

** Shares of Primark owner Associated British Foods ABF.L down 2.2% at 1,942p
** Stock is among the top losers on FTSE 100 index .FTSE 
** Co said it still expects annual profit to be below the prior year's outcome
** ABF also said in its sugar business, the duration and severity of the Middle East conflict have increased gas price expectations for next year, which has impacted its European profit outlook
** ABF has fallen ~9% YTD

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))