Associated British Foods plc (FRA:AFO2)

Germany flag Germany · Delayed Price · Currency is EUR
21.20
-0.20 (-0.93%)
Last updated: Jun 3, 2026, 8:05 AM CET
Market Cap14.92B -17.7%
Revenue (ttm)22.12B -2.2%
Net Income1.08B -27.6%
EPS1.52 -25.0%
Shares Out n/a
PE Ratio13.79
Forward PE11.42
Dividend0.61 (2.90%)
Ex-Dividend DateMay 29, 2026
Volumen/a
Open21.20
Previous Close21.40
Day's Range21.20 - 21.20
52-Week Range20.00 - 26.80
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateNov 3, 2026

About Associated British Foods

Associated British Foods plc engages in the food, ingredients, and retail businesses worldwide. It operates through five segments: Retail, Grocery, Ingredients, Sugar, and Agriculture. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women’s, men’s, and kidswear, as well as beauty, homeware, and accessories. The Grocery segment manufactures grocery products, including hot beverages, sugar, vegetable oils, balsamic vinegars, bread and baked goods, cerea... [Read more]

Industry Food and Kindred Products
Founded 1934
Employees 138,000
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol AFO2

Financial Performance

In fiscal year 2025, Associated British Foods's revenue was 19.46 billion, a decrease of -3.06% compared to the previous year's 20.07 billion. Earnings were 1.03 billion, a decrease of -29.55%.

Financial numbers in GBP Financial Statements

News

AB Foods price target lowered to 1,850 GBp from 1,925 GBp at Deutsche Bank

Deutsche Bank analyst Adam Cochrane lowered the firm’s price target on AB Foods (ASBFY) to 1,850 GBp from 1,925 GBp and keeps a Hold rating on the shares. Published first…

7 days ago - TheFly

AB Foods price target lowered to 1,780 GBp from 1,940 GBp at JPMorgan

JPMorgan analyst Georgina Johanan lowered the firm’s price target on AB Foods (ASBFY) to 1,780 GBp from 1,940 GBp and keeps a Neutral rating on the shares. Published first on…

5 weeks ago - TheFly

Primark owner warns of impact of war in Iran on outlook — making it one of the first European retailers to do so

Associated British Foods reported an 18% decline in operating profit and said it was tracking a possible downturn in consumer spending

6 weeks ago - Market Watch

Associated British Foods Earnings Call Transcript: H1 2026

Group H1 profit and EPS declined year-over-year, but performance was in line with expectations and the outlook for most segments is unchanged except for Sugar, which is now expected to post a full-year loss. Primark gained UK market share and advanced digital initiatives, while the demerger process remains on track.

6 weeks ago - Transcripts

Associated British Foods Quarterly report: H1 2026

Associated British Foods has published its H1 2026 quarterly earnings report on April 21, 2026.

6 weeks ago - Filings

Associated British Foods Slides: H1 2026

Associated British Foods has posted slides in relation to its H1 2026 quarterly earnings report, which was published on April 21, 2026.

6 weeks ago - Filings

AB Foods to Spin Off Primark

Associated British Foods plans to demerge the clothing retail business from its food operations, and list the two entities on the London Stock Exchange.

6 weeks ago - WSJ

AB Foods to split Primark from its food businesses

Associated British Foods has decided to separate its Primark fashion chain from ​its food businesses through a demerger following a review of ‌the group's structure, it said on Tuesday.

6 weeks ago - Reuters

AB Foods expected to flag Primark split in group review update

Associated British Foods is expected to outline ‌plans to separate its Primark fashion chain from its food businesses when it gives an update on a review of the group's structure on Tuesday.

6 weeks ago - Reuters

AB Foods price target lowered to 1,600 GBp from 1,710 GBp at Citi

Citi lowered the firm’s price target on AB Foods (ASBFY) to 1,600 GBp from 1,710 GBp and keeps a Sell rating on the shares.

6 weeks ago - TheFly

AB Foods downgraded to Underperform from Sector Perform at RBC Capital

RBC Capital analyst Richard Chamberlain downgraded AB Foods (ASBFY) to Underperform from Sector Perform with a price target of 1,850 GBp, down from 2,050 GBp. The firm cites its more…

7 weeks ago - TheFly

UK watchdog flags Northern Ireland concerns in AB Foods-Hovis deal

A British ​watchdog said ‌on Thursday Associated ​British ​Foods' acquisition of ⁠Hovis has ​raised ​competition concerns in Northern Ireland, ​while ​provisionally clearing the ‌deal ⁠in Great Britai...

2 months ago - Reuters

Primark Gets Permanent CEO as Owner ABF Looks to Steady Ship

Eoin Tonge—who has served as interim Primark CEO since last year—takes the reins at a time when the retailer faces sluggish sales.

3 months ago - WSJ

Primark names Eoin Tonge permanent CEO as possible spin-off looms

Britain's Primark ​named interim ‌CEO Eoin ​Tonge ​as its permanent ⁠boss ​on ​Thursday, even as parent ​Associated ​British Foods explores ‌a ⁠separation of the ​fashion ​chain.

3 months ago - Reuters

Fast-fashion chain Primark to name Tonge as permanent CEO, Sky News reports

Primark owner Associated British Foods is close to name Eoin Tonge as the fast-fashion chain's permanent chief executive officer, a year after he was installed as CEO on an interim basis, Sky News rep...

3 months ago - Reuters

AB Foods' Revenue Slips on Weak Primark Sales in Europe

Primark sales rose 1% for the first quarter quarter ending Jan. 3, compared with a year earlier, dropping 2.7% on a constant-currency basis.

4 months ago - WSJ

AB Foods confirms Primark's Christmas quarter sales fell 2.7%

Associated British Foods , which warned on profit earlier this month, confirmed on Thursday that underlying sales at its Primark clothing business fell 2.7 % in the Christmas quarter.

4 months ago - Reuters

Associated British Foods Earnings release: Q1 2026

Associated British Foods released its Q1 2026 earnings on January 22, 2026, summarizing the period's financial results.

4 months ago - Filings

AB Foods price target lowered to 1,650 GBp from 1,800 GBp at Morgan Stanley

Morgan Stanley analyst Grace Smalley lowered the firm’s price target on AB Foods (ASBFY) to 1,650 GBp from 1,800 GBp and keeps an Underweight rating on the shares. Published first…

5 months ago - TheFly

AB Foods price target lowered to 1,710 GBp from 1,830 GBp at Citi

Citi analyst Monique Pollard lowered the firm’s price target on AB Foods (ASBFY) to 1,710 GBp from 1,830 GBp and keeps a Sell rating on the shares. Published first on…

5 months ago - TheFly

AB Foods downgraded to Market Perform from Outperform at Bernstein

Bernstein downgraded AB Foods (ASBFY) to Market Perform from Outperform with a price target of 1,800 GBp, down from 3,100 GBp. The firm cites deteriorating demand at Primark and a…

5 months ago - TheFly

AB Foods downgraded to Sell from Neutral at Goldman Sachs

Goldman Sachs downgraded AB Foods (ASBFY) to Sell from Neutral with a price target of 1,750 GBp, down from 2,300 GBp. The firm cites Primark’s sales growth declines and AB’s…

5 months ago - TheFly

AB Foods price target lowered to 1,940 GBp from 2,095 GBp at JPMorgan

JPMorgan lowered the firm’s price target on AB Foods (ASBFY) to 1,940 GBp from 2,095 GBp and keeps a Neutral rating on the shares.

5 months ago - TheFly

UK watchdog to launch in-depth probe of AB Foods' purchase of bread brand Hovis

Britain's competition regulator said on Thursday that it would fast-track its probe of Associated British Foods' deal to buy bread brand Hovis from private equity firm Endless to an in-depth investiga...

5 months ago - Reuters

Associated British Foods Transcript: Trading Update

Primark's Q1 sales grew modestly, with U.K. outperformance offset by weakness in Europe and the U.S. Increased markdowns have pressured margins, and full-year profit guidance has been lowered. Strategic initiatives in digital and product are expected to drive future growth.

5 months ago - Transcripts