Primark sale now on: Associated British Foods considers placing its crown jewel on the market.

Core Viewpoint - The potential sale of Primark could unlock significant value for Associated British Foods, which reported operating profits of £1.7 billion last year [1] Company Summary - Associated British Foods achieved operating profits of £1.7 billion in the previous year, indicating strong financial performance [1] - The sale of Primark is being considered as a strategic move to enhance shareholder value [1] Industry Summary - The retail sector, particularly fast fashion, is facing challenges that may prompt companies like Associated British Foods to reassess their asset portfolios [1]