Associated British Foods plc (LON: ABF)
London
· Delayed Price · Currency is GBP · Price in GBp| Market Cap | 17.26B |
| Revenue (ttm) | 19.92B |
| Net Income (ttm) | 1.18B |
| Shares Out | 737.47M |
| EPS (ttm) | 1.54 |
| PE Ratio | 15.15 |
| Forward PE | 12.37 |
| Dividend | 0.54 (2.30%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 438,217 |
| Open | 2,347.00 |
| Previous Close | 2,342.00 |
| Day's Range | 2,330.00 - 2,351.00 |
| 52-Week Range | 1,907.50 - 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: 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, Associated British Foods's revenue was 19.75 billion, an increase of 16.20% compared to the previous year's 17.00 billion. Earnings were 1.04 billion, an increase of 49.14%.
Financial StatementsNews
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.
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.
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.
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.
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.
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.
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.
Associated British Food falls in London trading after Deutsche Bank downgrade
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.
Yacktman Focused Fund Adjusts Portfolio, Major Reduction in Associated British Foods PLC
Yacktman Focused Fund Adjusts Portfolio, Major Reduction in Associated British Foods PLC
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.
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...
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...
Covid and flu cases surge, Costello denies assaulting reporter, Women’s Origin thriller
Want to get this in your inbox every weekday? Sign up for the Morning Mail here , and finish your day with our Afternoon Update newsletter Morning everyone. If you’ve been feeling a bit crook recently...
Border force apologises for failing to prevent ‘misconduct’ after reports found bullying and harassment
Exclusive: Apology issued to staff includes pledge ‘to foster a safe, inclusive, empowered, accountable and supportive workplace’ Get our morning and afternoon news emails , free app or daily news pod...
Watchdog apologises to Siân Phillips over handling of actor’s charity case
Charity Commission admits to blunders and says lessons have been learned in Actor’s Benevolent Fund board dispute The actors Dame Penelope Keith and Dame Siân Phillips have won a hard-fought apology f...
Date-rape drug ‘bute’ increasingly linked to sexual assaults in Australia, police say
Federal police and border force say they have seized 4,200 litres of butanediol over the past three months – mostly imported from China Follow our Australia news live blog for latest updates Get our m...
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.