Associated British Foods plc (LON:ABF)

London flag London · Delayed Price · Currency is GBP · Price in GBX
1,928.50
-9.00 (-0.46%)
Jun 11, 2026, 5:08 PM GMT
Market Cap13.50B -9.6%
Revenue (ttm)19.42B -2.2%
Net Income950.00M -27.6%
EPS1.33 -25.0%
Shares Out 699.89M
PE Ratio14.47
Forward PE11.89
Dividend0.63 (3.25%)
Ex-Dividend DateMay 28, 2026
Volume677,398
Open1,899.00
Previous Close1,937.50
Day's Range1,890.00 - 1,946.50
52-Week Range1,729.45 - 2,359.00
Beta0.81
AnalystsHold
Price Target1,868.24 (-3.12%)
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

Analyst Summary

According to 18 analysts, the average rating for ABF stock is "Hold." The 12-month stock price target is 1,868p, which is a decrease of -3.12% from the latest price.

Price Target
1,868p
(-3.12% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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

7 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.

7 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.

7 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.

7 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.

7 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.

7 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.

7 weeks ago - Reuters

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.

5 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.

5 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.

5 months ago - Filings

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

Associated British Foods Earnings release: Trading Update

Associated British Foods released its earnings on January 8, 2026, summarizing the period's financial results.

5 months ago - Filings

AB Foods Says Primark Sales Growth Missed Expectations

Primark's stronger performance in the U.K. was partly offset by weaker sales in continental Europe.

5 months ago - WSJ

Primark owner AB Foods warns of lower annual profit

Associated British Foods on Thursday warned of lower annual profit due to weak demand at Primark in continental Europe, and subdued U.S. demand at its food business.

5 months ago - Reuters

UK competition watchdog to probe AB Foods' Hovis purchase

Britain's competition regulator will investigate Associated British Foods' deal to buy bread brand Hovis from private equity firm Endless, it said on Friday.

6 months ago - Reuters

CEO vacancy at Primark spurs AB Foods spin-off review

After decades of board resistance to spinning off Primark from owner Associated British Foods , a vacancy for a CEO at the fashion chain, along with its scale and growth potential, spurred a new revie...

7 months ago - Reuters

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

With operating profits of £1.7 billion last year, a sale of Primark may unlock significant value for Associated Britshs Foods.

7 months ago - Market Watch

ABF's Share Price Dips On Weak FY Results, Primark Split Considered

Associated British Food's (ABF) share price reversed slightly on Tuesday, as news of a possible split of its Primark and food businesses failed to offset softer-than-expected full year results.

7 months ago - Forbes

Associated British Foods Earnings Call Transcript: H2 2025

Group sales fell 1% and adjusted operating profit dropped 12% due to a sharp decline in Sugar profits, while other segments remained resilient. A structural review may lead to a split between Retail and Food, and a new GBP 250 million buyback is planned for 2026. Growth in adjusted operating profit and EPS is expected next year.

7 months ago - Transcripts

Associated British Foods Annual report: H2 2025

Associated British Foods has published its H2 2025 annual report on November 4, 2025.

7 months ago - Filings