Associated British Foods plc (ASBFF)

OTCMKTS · Delayed Price · Currency is USD
24.00
0.00 (0.00%)
Apr 23, 2025, 4:00 PM EDT
-21.44%
Market Cap 20.84B
Revenue (ttm) 26.38B
Net Income (ttm) 1.91B
Shares Out n/a
EPS (ttm) 2.55
PE Ratio 10.90
Forward PE n/a
Dividend 1.15 (4.78%)
Ex-Dividend Date Dec 12, 2024
Volume 300
Average Volume 451
Open 25.60
Previous Close 24.00
Day's Range 24.00 - 25.60
52-Week Range 23.82 - 33.42
Beta 1.17
RSI 23.59
Earnings Date Apr 29, 2025

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 OTCMKTS
Ticker Symbol ASBFF
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 numbers in GBP Financial Statements

News

Primark CEO Paul Marchant Resigns After Inappropriate Behaviour Allegation

Primark chief executive Paul Marchant has resigned following a company investigation into his behaviour toward a woman "in a social environment", the budget fashion chain's owner Associated British Fo...

24 days ago - NDTV

Primark CEO Paul Marchant resigns following investigation into behaviour toward Woman

Paul Marchant, CEO of Primark, has resigned following an investigation into inappropriate behavior toward a woman. Apologizing for his actions, he stepped down immediately, prompting a 4.9% drop in sh...

24 days ago - The Times of India

Primark's CEO resigned over an allegation of inappropriate behavior, which was an 'error of judgment,' company says

Shares in Primark's owner, ABF, dropped almost 5% on Monday after Paul Marchant's resignation was announced.

24 days ago - Business Insider

Primark boss steps down after 16 years due to inappropriate ‘behaviour toward a woman’

Primark's owner Associated British Foods, said it continues to offer support to the person who brought Paul Marchant's behavior to its attention.

24 days ago - Fortune

Primark boss steps down over inappropriate behaviour allegation

Paul Marchant “acknowledged his error of judgement”, said Primark owner Associated British Foods on Monday.

24 days ago - Euronews

Primark boss Paul Marchant resigns over inappropriate behaviour

The retailer’s parent firm Associated British Foods said the chief executive admitted to an ‘error of judgment’.

24 days ago - Evening Standard

Primark boss admits ‘error of judgment’ and resigns after woman’s allegation

Paul Marchant accepts behaviour fell below standards expected at owner Associated British Foods The boss of Primark has admitted an “error of judgment” and resigned following an allegation made by a w...

24 days ago - The Guardian

Associated British Foods is an overlooked gem going cheap should you buy shares?

Associated British Foods, the owner of Primark, is a family-owned business, which means it is passed over by the increasingly popular passive investment funds. That spells opportunity for private inve...

2 months ago - MoneyWeek

AB Foods sees analysts' profit view falling 2% after Primark sales downgrade

Associated British Foods expects analysts' consensus profit expectations for its 2024/25 year to fall about 2% after the group cut the sales outlook for its Primark clothing business, its finance chie...

3 months ago - Reuters

Associated British Foods: Dividend Growth Opportunity Flying Under The Radar

After a stellar 2023, Associated British Foods shareholders are likely facing a disappointing close in 2024. In the meantime, however, business fundamentals are improving, and the stock once again tra...

5 months ago - Seeking Alpha

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 ET Company Participants George Weston - CEO Eoin Tonge - CFO Conference Call Participants William W...

5 months ago - Seeking Alpha

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.

6 months ago - Reuters

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...

6 months ago - Reuters

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.

8 months ago - Market Watch

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.

8 months ago - Reuters

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

After a strong 2023, Associated British Foods' share price is again lagging. In the meantime, however, business fundamentals continue to improve and margins are near record highs. Primark growth is ac...

8 months ago - Seeking Alpha

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

Associated British Foods is a diversified conglomerate and operates in multiple sectors, ensuring a stable revenue stream and reducing dependency on any single market. Recent earnings show strong prof...

9 months ago - Seeking Alpha

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...

1 year ago - Reuters

Associated British Foods: A Nearly 50% Dividend Increase Is A Rare Sight

Associated British Foods: A Nearly 50% Dividend Increase Is A Rare Sight

1 year ago - Seeking Alpha

Associated British Foods plc (ASBFY) Q2 2024 Earnings Call Transcript

Associated British Foods plc (OTCPK:ASBFY) Q2 2024 Earnings Conference Call April 23, 2024 4:00 AM ET Company Participants George Weston - CEO Eoin Tonge - CFO Conference Call Participants William Woo...

1 year ago - Seeking Alpha

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.

1 year ago - WSJ

Primark owner AB Foods expects 'significant growth' in full-year profit

Primark owner Associated British Foods on Tuesday raised its full-year profit outlook as it reported a 39% jump in first-half profit.

1 year ago - Reuters

Associated British Foods: There's More Upside After Nearly Doubling In Price

Associated British Foods plc stock has nearly doubled in price since I rated the company as a high-conviction idea. Revenue growth should remain elevated as Primark's expansion in the U.S. gains momen...

1 year ago - Seeking Alpha