Associated British Foods plc (LON: ABF)

London flag London · Delayed Price · Currency is GBP · Price in GBp
2,171.00
+15.00 (0.70%)
Nov 21, 2024, 5:06 PM BST
-7.38%
Market Cap 15.84B
Revenue (ttm) 20.07B
Net Income (ttm) 1.46B
Shares Out 734.49M
EPS (ttm) 1.94
PE Ratio 11.13
Forward PE 11.39
Dividend 0.90 (4.17%)
Ex-Dividend Date Dec 12, 2024
Volume 545,537
Open 2,157.00
Previous Close 2,156.00
Day's Range 2,130.00 - 2,173.00
52-Week Range 2,130.00 - 2,765.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 5, 2024

About Associated British Foods

Associated British Foods plc operates as a diversified food, ingredients, and retail company 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 kids wear, as well as beauty, homeware, and accessories. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar, vegetable oils, balsamic vinegars, bread and... [Read more]

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

Financial Performance

In 2024, Associated British Foods's revenue was 20.07 billion, an increase of 1.64% compared to the previous year's 19.75 billion. Earnings were 1.46 billion, an increase of 39.37%.

Financial Statements

News

‘You should be afraid’: poison pen letters reignite UK actors’ fund feud

Police notified after former trustees and current chief executive of Actors’ Benevolent Fund were sent notes A bitter feud that tore apart an illustrious actors’ charity has been reignited by the emer...

4 days ago - The Guardian

Associated British Foods plc (ASBFY) Q4 2024 Earnings Call Transcript

Associated British Foods plc (OTCPK:ASBFY) Q4 2024 Earnings Call Transcript November 5, 2024 4:00 AM ETCompany ParticipantsGeorge Weston - CEOEoin Tonge -...

11 days ago - Seeking Alpha

BT reveals prices will be reviewed under efforts to offset £100m Budget blow

The group joins the likes of Sainsbury’s, Marks & Spencer and Primark owner Associated British Foods in revealing soaring costs from Budget measures.

14 days ago - Evening Standard

Primark womenswear sales propel ABF profits to almost £2bn

The FTSE 100 firm, whose brands include Dorset Cereals and Twinings Tea, revealed its pre-tax profits jumped by 43 per cent to £1.9billion in the year to 14 September.

16 days ago - This is Money

Primark says it might invest more outside UK after budget tax rises

Owner ABF, which also owns food brands including Kingsmill, says it is preparing for a big rise in costs Primark may invest more outside the UK as the high street will carry the “weight of tax rises” ...

16 days ago - The Guardian

Primark boss says weight of Budget tax rises ‘falling on high street’

George Weston, the chief executive of Primark owner Associated British Foods, said it was preparing for a big jump in business costs.

16 days ago - Evening Standard

Primark expecting a good Christmas, says parent's boss

Budget clothing retailer Primark is expecting to trade well in the run-up to Christmas, the boss of its parent said on Tuesday.

16 days ago - Reuters

Primark earnings jump higher despite weather hit to summer ranges

Owner Associated British Foods reported a 53% rise in operating profits at Primark, to £1.1 billion over the year to September 14.

16 days ago - Evening Standard

Primark-owner AB Foods profit up 32% but sugar weighs on outlook

Associated British Foods reported a 32% rise in full-year profit, with a robust performance from its grocery division and a solid outcome from its Primark clothing business partially offset by acceler...

16 days ago - Reuters

Three Quick Facts: Associated British Foods, ASOS, Weir

Associated British Foods, ASOS, Weir are Tony Cross's three picks from today's financial market news

16 days ago - The Armchair Trader

ABF-backed food supply chain group Czarnikow plots £300m float

A specialist food supply chain group backed by Associated British Foods (ABF), the owner of Primark, is plotting a London stock market flotation that could value it at more than £300m.

2 months ago - Sky News

Primark's UK sales set to fall at faster rate following wet summer

Associated British Food (ABF) warned Primark's UK sales were on course to be down by around 3.1 per cent in the fourth quarter to September 14.

2 months ago - This is Money

Associated British Foods shares drop on hit from sugar market slump

The London headquartered company, which owns is a major supplier of sugar to the European food and drinks industry, said a market glut will continue to hit profits from its sugar business.

2 months ago - MarketWatch

Primark-Owner ABF Says Sugar Profits to Fall After Price Slump

Associated British Foods Plc warned it will make less profit than expected from its sugar business after international prices dropped.

2 months ago - BNN Bloomberg

Wet weather hit Primark's UK summer sales, owner AB Foods said

Wet weather in Britain hit fashion business Primark's summer sales, but better performance elsewhere kept operating profits steady, owner Associated British Foods said on Thursday.

2 months ago - Reuters

AB Foods Sees Broadly Flat Operating Margin for Primark

Associated British Foods said its Primark clothing business should post 4% sales growth for the second half, and that the operating margin for the unit would be flat for fiscal 2025.

2 months ago - The Wall Street Journal

Associated British Foods: Lagging Market Sentiment Has Created A Buy Opportunity

Associated British Foods' business fundamentals continue to improve and margins are near record highs. Click here to read an analysis of ASBFF stock now.

3 months ago - Seeking Alpha

Associated British Foods: Solid Fundamentals And Promising Future Growth Make It A Top Investment Pick

Discover why Associated British Foods is a top investment choice with strong profit growth and diversified operations in multiple sectors.

4 months ago - Seeking Alpha

Yacktman Focused Fund Adjusts Portfolio, Major Reduction in Associated British Foods PLC

Yacktman Focused Fund Adjusts Portfolio, Major Reduction in Associated British Foods PLC

4 months ago - GuruFocus

RCBC bags eight awards from Asian Banking and Finance

The Rizal Commercial Banking Corporation (RCBC) has bagged eight prestigious awards from Asian Banking and Finance (ABF), one of the most esteemed award-giving bodies in Asia.

4 months ago - BusinessMirror

Salmon wins Fintech Start-Up Award at Asian Banking and Finance Fintech Awards 2024

Salmon, a company committed to improving access to credit, savings, and investments for over 500 million underserved customers in Southeast Asia, has been awarded the prestigious 2024 Asian Banking an...

4 months ago - BusinessMirror

Head of Australian Border Force, Michael Outram, responds to reports of sexual harassment across the ABF - podcast

Guardian Australia’s chief political correspondent, Paul Karp, talks to Australian Border Force commissioner, Michael Outram, about Border Force’s response to two damning Australian Human Rights Commi...

5 months ago - The Guardian