Associated British Foods plc (ASBFY)
| Market Cap | 17.38B -13.2% |
| Revenue (ttm) | 26.14B -2.2% |
| Net Income | 1.28B -27.6% |
| EPS | 1.79 -25.0% |
| Shares Out | n/a |
| PE Ratio | 13.59 |
| Forward PE | 11.42 |
| Dividend | 0.72 (2.94%) |
| Ex-Dividend Date | May 29, 2026 |
| Volume | 100 |
| Open | 24.80 |
| Previous Close | 24.61 |
| Day's Range | 24.80 - 25.04 |
| 52-Week Range | 23.36 - 31.96 |
| Beta | 0.81 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 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]
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 numbers in GBP Financial StatementsNews
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…
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…
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
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.
Associated British Foods Quarterly report: H1 2026
Associated British Foods has published its H1 2026 quarterly earnings report on April 21, 2026.
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.
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.
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.
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.
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.
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…
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...
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.
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.
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...
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.
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.
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.
AB Foods price target lowered to 1,650 GBp from 1,800 GBp at Morgan Stanley
Morgan Stanley analyst Grace Smalley lowered the firm’s price target on AB Foods (ASBFY) to 1,650 GBp from 1,800 GBp and keeps an Underweight rating on the shares. Published first…
AB Foods price target lowered to 1,710 GBp from 1,830 GBp at Citi
Citi analyst Monique Pollard lowered the firm’s price target on AB Foods (ASBFY) to 1,710 GBp from 1,830 GBp and keeps a Sell rating on the shares. Published first on…
AB Foods downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded AB Foods (ASBFY) to Market Perform from Outperform with a price target of 1,800 GBp, down from 3,100 GBp. The firm cites deteriorating demand at Primark and a…
AB Foods downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs downgraded AB Foods (ASBFY) to Sell from Neutral with a price target of 1,750 GBp, down from 2,300 GBp. The firm cites Primark’s sales growth declines and AB’s…
AB Foods price target lowered to 1,940 GBp from 2,095 GBp at JPMorgan
JPMorgan lowered the firm’s price target on AB Foods (ASBFY) to 1,940 GBp from 2,095 GBp and keeps a Neutral rating on the shares.
UK watchdog to launch in-depth probe of AB Foods' purchase of bread brand Hovis
Britain's competition regulator said on Thursday that it would fast-track its probe of Associated British Foods' deal to buy bread brand Hovis from private equity firm Endless to an in-depth investiga...
Associated British Foods Transcript: Trading Update
Primark's Q1 sales grew modestly, with U.K. outperformance offset by weakness in Europe and the U.S. Increased markdowns have pressured margins, and full-year profit guidance has been lowered. Strategic initiatives in digital and product are expected to drive future growth.