Associated British Foods (ABF) is considering separating its Primark retail arm from its food operations to maximize long-term value. The strategic review involves input from major shareholder Wittington Investments and advice from Rothschild & Co. ABF reported a 3% decrease in group revenue to £19.45bn ($25.42bn) for the fiscal year ending 13 September 2025, with adjusted operating profit down 13% to £1.73bn. Retail sales increased 1% to £9.5bn, driven by store openings in Europe and the US. CEO George Weston supports the review, highlighting the potential of the food business.
Read more at Yahoo Finance: ABF reviews potential Primark split from food business
