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Associated British Foods plc

ABF.L

Latest Trade

1,931.50GBp

Change

-2.50(-0.13%)

Volume

871,912

Today's Range

1,886.00

 - 

1,950.00

52 Week Range

1,554.00

 - 

2,730.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
1,934.00
Open
1,906.00
Volume
871,912
3M AVG Volume
26.72
Today's High
1,950.00
Today's Low
1,886.00
52 Week High
2,730.00
52 Week Low
1,554.00
Shares Out (MIL)
791.67
Market Cap (MIL)
15,310.98
Forward P/E
--
Dividend (Yield %)
2.40

Next Event

Half Year 2020 Associated British Foods PLC Earnings Release

Latest Developments

More

Associated British Foods Closes All 376 Primark Stores

AB Foods Says Too Early To Forecast For Remainder Of Year Due To COVID-19

Wilmar International Announces JV In China With Associated British Foods Plc

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About Associated British Foods plc

Associated British Foods plc is an international food, ingredients and retail company. Its segments include grocery, sugar, agriculture, ingredients and retail. The grocery segment manufactures products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products, which are sold to retail, wholesale and foodservice businesses. The sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users and to Silver Spoon, which is included in the Grocery segment. The agriculture segment manufactures of animal feeds and the provision of other products and services for the agriculture sector. The ingredients segment is manufactures of bakers’ yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialties. The retail segment is engaged in buying and merchandising value clothing and accessories through the Primark and Penney's retail chains.

Contact Info

Mayfair, 10 Grosvenor Street

W1K 4QY

United Kingdom

+44.20.73996500

https://www.abf.co.uk/

Executive Leadership

Michael George Alexander McLintock

Non-Executive Chairman of the Board

George G. Weston

Chief Executive, Executive Director

John George Bason

Finance Director, Executive Director

Paul A. Lister

Company Secretary

Emma Adamo

Non-Executive Director

Key Stats

2.26 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

15.4K

2018

15.6K

2019

15.8K

2020(E)

15.2K
EPS (GBp)

2017

127.100

2018

134.900

2019

137.500

2020(E)

113.003
Price To Earnings (TTM)
17.40
Price To Sales (TTM)
0.97
Price To Book (MRQ)
1.62
Price To Cash Flow (TTM)
10.15
Total Debt To Equity (MRQ)
6.22
LT Debt To Equity (MRQ)
3.82
Return on Investment (TTM)
8.55
Return on Equity (TTM)
6.53

Latest News

Latest News

AB Foods bosses take pay cut as coronavirus to dent profit

Primark owner Associated British Foods said on Friday its bosses are taking temporary pay cuts and will not receive bonuses for the current year given that profits will be dented by the coronavirus emergency.

BRIEF-AB Foods executives take pay cut, no bonuses to be paid

* GEORGE WESTON, CHIEF EXECUTIVE, AND JOHN BASON, FINANCE DIRECTOR, HAVE REQUESTED THAT THEIR BASE PAY BE REDUCED TEMPORARILY BY 50%

BRIEF-Associated British Foods Closes All 376 Primark Stores

* AB FOODS - AS AT 16 MARCH 2020, PRIMARK STORES REPRESENTING 20 PERCENT OF SELLING SPACE AND 30 PERCENT OF SALES WERE CLOSED.

UPDATE 1-AB Foods forecasts earnings growth in 2019-20 year

Associated British Foods on Friday kept its forecast for earnings growth in its 2019-20 year with anticipated progress in its sugar and grocery businesses supplementing the further expansion of its Primark fashion chain.

AB Foods says Primark sales dented back by poor May weather

Fashion retailer Primark's sales were dented by unseasonable weather in May, its owner Associated British Foods said on Thursday.

REFILE-UPDATE 2-Primark cushions AB Foods as sugar earnings dissolve

Associated British Foods said almost zero first half profit from sugar represented the "low water mark" for the business, forecasting an improved performance as prices improve.

AB Foods earnings held back by sugar

Associated British Foods reported flat first-half earnings, reflecting a fall in sugar revenue and profit that was offset by growth in all its other businesses.

UPDATE 2-Primark owner AB Foods says no-deal Brexit would be "reckless"

* Shares rise as much as 6.7 pct (Recasts with FD, analyst comment, shares)

UPDATE 1-Primark's poor November trading sends AB Foods' shares lower

Associated British Foods blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales at its Primark fashion chain in November, sending its shares lower.

Primark owner AB Foods maintains full-year profit guidance

Associated British Foods on Thursday maintained its overall guidance for the full 2017-18 year, saying a more negative outlook for its sugar business would be offset by a better performance at its Primark fashion chain.

Primark-owner AB Foods' first-half profit held back by sugar

Associated British Foods on Tuesday reported a 1 percent fall in first-half profit, with a resilient performance at its Primark fashion business offset by a previously flagged reduction in sugar revenues.

Primark-owner AB Foods first-half profit held back by sugar​

Primark owner Associated British Foods on Monday forecast first-half profit in line with the same period last year, held back by a previously flagged reduction in sugar revenues.

Chairman of Primark owner AB Foods Sinclair to retire in April

Primark owner Associated British Foods said on Thursday its chairman Charles Sinclair will retire on April 11 and be succeeded by Michael McLintock, an existing non-executive director at the firm.

BRIEF-Associated British Foods Says Chairman Sinclair To Retire

* ANNOUNCES THAT CHARLES SINCLAIR, CHAIRMAN, YESTERDAY NOTIFIED HIS INTENTION TO RETIRE FROM BOARD ON 11 APRIL 2018

Primark owner AB Foods maintains guidance after quarterly sales rise​

Primark owner Associated British Foods maintained its full-year earnings guidance on Thursday, reporting quarterly revenue growth in all of its businesses apart from sugar.

Primark owner AB Foods forecasts 2017-18 earnings rise

Associated British Foods said on Friday it expected a rise in 2017-18 earnings led by its Primark fashion chain.

BRIEF-ABF Freight announces negotiations start date with Teamsters

* ABF, Teamsters national freight industry negotiating committee have agreed to exchange initial proposals on December 18 and 19, 2017

Breakingviews - ABF's sweet tooth will weigh on valuation

Associated British Foods will pay for its sweet tooth. A company that sells everything from sugar beet to cheap party dresses has so far made the most of this somewhat odd mix. But its exposure to sugar prices means its valuation is too rich.

AB Foods sugar profits to fall in 2017-18 year - CEO

Associated British Foods expects profits in its sugar business to fall in its 2017-18 financial year after rising 537 percent in 2016-17, its boss said on Tuesday.

AB Foods' full-year earnings up 20 pct on Primark growth​

Associated British Foods on Tuesday reported a 20 percent rise in full-year earnings, helped by strong revenue growth at its Primark fashion business.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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