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Associated British Foods plc

ABF.L

Latest Trade

1,867.00GBp

Change

-7.50(-0.40%)

Volume

632,646

Today's Range

1,844.50

 - 

1,875.00

52 Week Range

1,554.00

 - 

2,730.00

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

Pricing

Previous Close
1,874.50
Open
1,875.00
Volume
632,646
3M AVG Volume
17.13
Today's High
1,875.00
Today's Low
1,844.50
52 Week High
2,730.00
52 Week Low
1,554.00
Shares Out (MIL)
791.67
Market Cap (MIL)
14,594.51
Forward P/E
24.55
Dividend (Yield %)
1.86

Next Event

Full 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.

Industry

Retail (Apparel)

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

2.38 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

15.4K

2018

15.6K

2019

15.8K

2020(E)

14.2K
EPS (GBp)

2017

127.100

2018

134.900

2019

137.500

2020(E)

77.186
Price To Earnings (TTM)
20.61
Price To Sales (TTM)
0.92
Price To Book (MRQ)
1.62
Price To Cash Flow (TTM)
10.04
Total Debt To Equity (MRQ)
45.43
LT Debt To Equity (MRQ)
40.15
Return on Investment (TTM)
6.17
Return on Equity (TTM)
4.91

Latest News

Latest News

FTSE 100 bounces on weaker pound as no-deal Brexit fears rise; AB Foods jumps

London's FTSE 100 bounced from a near four-month low on Monday as the pound weakened on growing prospects of the UK leaving the European Union without a trade agreement, while Primark-owner Associated British Foods jumped on issuing a strong forecast.

AB Foods reassured by trading in reopened Primark stores

Associated British Foods said on Thursday that trading in its Primark fashion stores that have reopened after coronavirus lockdown has been "reassuring and encouraging".

Primark has placed "hundreds of millions" of pounds of new orders, says finance chief

British fashion retailer Primark has placed "hundreds of millions" of pounds worth of orders with suppliers for seasonal autumn/winter stock, the finance chief of its owner Associated British Foods said on Monday.

Primark to open all stores in England on June 15

Fashion retailer Primark is working to re-open all its 153 stores in England on June 15, in line with the country's easing of coronavirus lockdown restrictions, its owner Associated British Foods said on Monday.

AB Foods bosses take pay cut as coronavirus to dent profit

Primark owner Associated British Foods <ABF.L> 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.

FTSE 100 rebounds on trade optimism

UK blue-chips gained on Friday, bouncing back from a near two-month low in the previous session, on optimism over signs of progress in U.S.-China trade talks.

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.

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.

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

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