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BP boosts profit and raises dividends; ABF sees profit drop, reviews Primark split.
BP posted a sharp rise in third-quarter pretax profit to $3.24 billion, driven by higher revenue and strong operational performance, and announced a dividend increase and $750 million share buyback.
Meanwhile, Associated British Foods reported a 12% drop in adjusted operating profit and a 1% revenue decline, citing challenges in its sugar and agriculture divisions, and is reviewing a potential separation of its Primark and food businesses, though no decision has been made.
The company maintained its dividend and launched a new share buyback, while noting improved prospects for 2026.
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BP aumenta las ganancias y aumenta los dividendos; ABF ve una caída en las ganancias, revisa la división de Primark.