Associated British Foods plc (LON: ABF)
London
· Delayed Price · Currency is GBP · Price in GBX| Market Cap | 20.19B |
| Revenue (ttm) | 38.60B |
| Net Income (ttm) | 1.93B |
| Shares Out | 751.28M |
| EPS (ttm) | 2.49 |
| PE Ratio | 17.59 |
| Forward PE | 13.04 |
| Dividend | 0.67 (2.46%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 674,613 |
| Open | 2,716.00 |
| Previous Close | 2,726.00 |
| Day's Range | 2,700.00 - 2,743.00 |
| 52-Week Range | 1,804.50 - 2,765.00 |
| Beta | 1.23 |
| Analysts | n/a |
| Price Target | 2,743.06 (+1.41%) |
| Earnings Date | Apr 23, 2024 |
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extra... [Read more]
Financial Performance
In 2023, ABF's revenue was 19.76 billion, an increase of 16.28% compared to the previous year's 17.00 billion. Earnings were 1.04 billion, an increase of 49.14%.
Financial StatementsNews
Five men in custody after ‘unauthorised’ crossing into Australia through Torres Strait
Australian Border force officers picked up the men, believed to be Rwandan nationals, on Saibai Island, near Papua New Guinea Australian border authorities have picked up five Rwandan men categorised ...
Primark owner to raise game in explaining merits of food businesses, CEO says
Primark owner Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its food businesses and must do better, its chief ex...
Associated British Foods: A Nearly 50% Dividend Increase Is A Rare Sight
Damning report alleges sexual discrimination and harassment by ABF officers
Exclusive: Human rights commission finds ‘potentially unlawful conduct or inappropriate behaviour’ towards women is rife in Australian Border Force Get our morning and afternoon news emails , free app...
Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK
ABF, which also owns Dorset Cereals, says it is not yet planning rises but it may need to import ‘quite a lot’ of grain One of the UK’s biggest bread makers has warned of potentially higher prices as ...
Secret report warns Australian Border Force’s marine unit is ‘not safe for women’
Exclusive : Human rights commission calls for immediate intervention in the division and says sexism and bullying are rife Get our morning and afternoon news emails , free app or daily news podcast Au...
Associated British Foods plc (ASBFY) Q2 2024 Earnings Call Transcript
Primark, borrowing and FTSE highs
Associated British Foods, the parent company of Primark, says pre-tax half-year profits jumped by 37% in the six months to March.
FTSE 100 hits new record as Associated British Foods reports strong results
London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic data and positive corporate earnings from Primark owner Associated British Foods.
Penneys owner anticipates significant growth in profits
Penneys owner Associated British Foods (ABF) said that it is expecting to deliver significant growth in profits in its current financial year following a 39pc rise in the first half.
Primark owner AB Foods expects 'significant growth' in profits for 2024 as inflation eases in recession-affected markets
Associated British Foods whose business ranges from grocery and agriculture to clothing expects "significant growth in both profitability and cash generation” this year.
Associated British Foods plc 2024 Q2 - Results - Earnings Call Presentation
The following slide deck was published by Associated British Foods plc in conjunction with their 2024 Q2 earnings call.
Primark owner sees profits soar as it hails stronger business conditions
Associated British Foods said consumers remain under some pressure from the cost-of-living crisis.
BUSINESS LIVE: UK borrowing soars; JD Sports buys Hibbett; ABF eyes 'significant growth'
Among the companies with reports and trading updates today are JD Spots, Associated British Foods, Taylor Wimpey, Watkin Jones, THG and PureGym.
Three Quick Facts: Taylor Wimpey, Associated British Foods, THG
Tony Cross picks three things to know about the markets, featuring Taylor Wimpey, Associated British Foods, THG
Primark Owner AB Foods Profit Rises on Easing Costs
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
Primark owner AB Foods expects 'significant growth' in full-year profit
Primark owner Associated British Foods on Tuesday forecast "significant growth" in full-year profit as it reported a 39% jump in the first half, partly driven by margin recovery at its clothing chain.
Primark booms as Rita Ora deal pays off
Primark owner ABF hailed strong results today as it put Covid firmly in the past and said there is now “normality” in its supply chains.
FTSE 100 Live 23 April: Primark owner ABF results, public sector net borrowing
Companies Reporting: Lloyds Banking Group, Sainsbury, Associated British Foods
FTSE 350 and other selected companies reporting earnings for the week of 22 April include Lloyds Banking Group, Sainsbury, Associated British Foods
Yacktman Focused Fund Adjusts Portfolio, Cuts Stake in Associated British Foods PLC
Yacktman Focused Fund Adjusts Portfolio, Cuts Stake in Associated British Foods PLC
Associated British Foods: There's More Upside After Nearly Doubling In Price
Clare O’Neil accuses Peter Dutton of telling ‘easily disprovable lies’ over border force funding
Home affairs minister says Operation Sovereign Borders ‘funding has increased by $470m’, after opposition leader on Monday claimed it had decreased $600m Follow our Australia news live blog for latest...
Factcheck: Peter Dutton says Labor has weakened Australia’s asylum policy. Is he right?
Opposition leader says government has cut $600m from border enforcement and reduced surveillance flights. Budget numbers tell a more nuanced story Follow our Australia news live blog for latest update...
More than 20 people arrive by boat in remote part of Western Australia
Australian Border Force confirms operation as Peter Dutton claims Labor has ‘lost control of our borders’ More than 20 people are reported to have arrived by boat in a remote part of Western Australia...