AB Foods omits dividend, says can't give guidance due to coronavirus crisis

AB Foods omits dividend, says can't give guidance due to coronavirus crisis
Representative Image Image Credit: Flickr
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Primark owner Associated British Foods said on Tuesday it would not pay an interim dividend and could not provide earnings guidance for the remainder of its 2019-20 year because of uncertainty caused by the coronavirus crisis.

All of the fashion retailer's 376 stores in 12 countries have been closed since March 22. The group said the timing of the reopening of the stores remains uncertain, while the process of reopening, once it begins, was likely to be complex.

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