Associated British Foods plc (LON:ABF)

London flag London · Delayed Price · Currency is GBP · Price in GBX
1,978.50
+22.00 (1.12%)
Jun 25, 2026, 5:02 PM GMT
Market Cap13.69B -6.4%
Revenue (ttm)19.42B -2.2%
Net Income950.00M -27.6%
EPS1.33 -25.0%
Shares Out 699.89M
PE Ratio14.68
Forward PE12.10
Dividend0.63 (3.22%)
Ex-Dividend DateMay 28, 2026
Volume693,988
Open1,950.00
Previous Close1,956.50
Day's Range1,943.50 - 1,999.50
52-Week Range1,729.50 - 2,359.00
Beta0.81
AnalystsHold
Price Target1,873.89 (-5.29%)
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 1,874p, which is a decrease of -5.29% from the latest price.

Price Target
1,874p
(-5.29% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Company Diary: J Sainsbury, Associated British Foods

J Sainsbury, Associated British Foods are amongst the FTSE 350 and other companies reporting earnings for the week of 29 June

11 hours ago - The Armchair Trader

AB Foods price target lowered to 1,410 GBp from 1,450 GBp at Citi

Citi analyst Monique Pollard lowered the firm’s price target on AB Foods (ASBFY) to 1,410 GBp from 1,450 GBp and keeps a Sell rating on the shares. Published first on…

9 days ago - TheFly

Kingsmill owner given the all clear to snap up rival Hovis

The takeover of Hovis by Kingsmill owner Associated British Foods (ABF) has been cleared by UK regulators.

9 days ago - This is Money

Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover

ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA finds Business live – latest updates The owner of Kingsmill’s £75m deal to buy Hovis to create the UK’s ...

9 days ago - The Guardian

ABF’s Hovis takeover deal given go-ahead by competition watchdog

The Competition and Markets Authority (CMA) said ABF could have pulled out of the UK bakery sector if the merger were not to take place.

9 days ago - Evening Standard

UK's competition watchdog clears ABF's Hovis takeover

Britain's competition watchdog cleared Associated British Foods' acquisition of rival Hovis on Tuesday, after finding that ABF's bakery division would likely exit the market entirely if the deal did n...

9 days ago - Reuters

Primark names Lucy Slinger as finance chief ahead of AB Foods split

Fashion retailer Primark named Lucy Slinger ​as its chief financial officer ‌on Thursday, strengthening its leadership team ahead of its ​split from Associated British ​Foods.

14 days ago - Reuters

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…

4 weeks 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…

2 months 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

2 months 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.

2 months ago - Transcripts

Associated British Foods Quarterly report: H1 2026

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

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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.

2 months 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…

2 months 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...

3 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.

4 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.

4 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...

4 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