Associated British Foods plc (LON:ABF)

London flag London · Delayed Price · Currency is GBP · Price in GBX
1,817.50
-56.50 (-3.01%)
May 28, 2026, 4:35 PM GMT
Market Cap13.14B -12.0%
Revenue (ttm)19.42B -2.2%
Net Income950.00M -27.6%
EPS1.33 -25.0%
Shares Out 701.08M
PE Ratio14.06
Forward PE11.51
Dividend0.63 (3.36%)
Ex-Dividend DateMay 28, 2026
Volume884,051
Open1,847.50
Previous Close1,874.00
Day's Range1,814.00 - 1,850.00
52-Week Range1,729.45 - 2,359.00
Beta0.81
AnalystsHold
Price Target1,872.65 (+3.03%)
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]

Founded 1934
Employees 138,000
Stock Exchange London Stock Exchange
Ticker Symbol ABF
Full Company Profile

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 Statements

News

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

5 weeks ago - Market Watch

Associated British Foods (ASBFY) Reports 1H Non-GAAP EPS of 70.70p

Associated British Foods (ASBFY) Reports 1H Non-GAAP EPS of 70.70p

5 weeks ago - GuruFocus

Primark owner ABF reveals plan to split high street fashion chain from its food businesses

Associated British Foods (ABF) is to spin off its Primark retail business, breaking up one of the UK’s largest consumer businesses.

5 weeks ago - Independent Ireland

Was this really the right time for ABF to part company with Primark?

Associated British Foods is preparing to part ways with its most fashionable asset. Investors are not yet convinced.

5 weeks ago - The Armchair Trader

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.

5 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.

5 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.

5 weeks ago - Filings

Associated British Foods (ASBFY) to Demerge Primark Retail Unit from FoodCo

Associated British Foods (ASBFY) to Demerge Primark Retail Unit from FoodCo

5 weeks ago - GuruFocus

Primark to split from food business despite warning of Iran war impact

ABF to demerge fashion chain from firm that owns Kingsmill, Twinings and Patak’s, plus a sugar company Business live – latest updates Primark is to break free from its sister food company which owns T...

5 weeks ago - The Guardian

Primark owner ABF reveals plan to spin off high street fashion chain

Associated British Foods, which also owns grocery brands including Twinings and Hovis, said it expects to separate Primark by the end of 2027.

5 weeks ago - Evening Standard

ABF confirms it will spin off Primark from its food businesses

Associated British Foods has confirmed it will separate Primark from its food businesses through a demerger, ending months of speculation.

5 weeks ago - This is Money

UK Stock Market News: ABF, British Land, THG

Primark brand to be spun out from ABF, strong demand and rental increases for British Land, THG Q1 better than expected

5 weeks ago - The Armchair Trader

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.

5 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.

5 weeks ago - Reuters

Associated British Foods PLC (LSE:ABF) Q2 2026 Earnings Report Preview: What to Expect

Associated British Foods PLC (LSE:ABF) Q2 2026 Earnings Report Preview: What to Expect

5 weeks ago - GuruFocus

The week ahead in business: ABF update, Irish Home Builders Association Summit and BNY investment scheme event

Associated British Foods (ABF) – the London-listed group that owns the clothing retailer Primark, which trades as Penney’s in Ireland – is expected to outline plans to separate the fashion chain from ...

5 weeks ago - Independent Ireland

ABF poised to reveal result of Primark and food business demerger plan

Retail analysts say breaking up food and fashion group would make sense in challenging business environment Primark may break free from Kingsmill, Twinings and the sugar business this week when Associ...

5 weeks ago - The Guardian

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.

5 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…

6 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