Business description: Associated British Foods plc

Associated British Foods plc is one of the largest European food processing groups. Net sales (not including sold divisions) break down by family of products as follows:

- grocery and bakery products (21.2%): tea (Twinings brand), oils (Mazola and Capullo), spices (Spice Islands and Durkee), jam, bread, biscuits, sauces, etc.;

- sugar (12.6%): Silver Spoon, Billington's brands, etc.;

- ingredients (10.7%): yeasts, flavorings, emulsifiers, sterols, esters, etc.;

- processed food products (8.3%): mainly cereal and animal feed.

The remaining sales (47.2%) are from clothing distribution (451 outlets located mainly in the United Kingdom, Ireland, Spain, Germany, the Netherlands, and Portugal under the Primark and Penneys names).

Net sales (not including sold divisions) are distributed geographically as follows: the United Kingdom (36.5%), Europe and Africa (39.1%), Americas (12.3%) and Asia/Pacific (11.8%).

Number of employees: 138,000

Sales by Activity: Associated British Foods plc

Fiscal Period: September20202021202220232024

Retail

5.9B 5.59B 7.7B 9.01B 9.45B

Grocery

3.54B 3.6B 3.74B 4.22B 4.24B

Sugar

1.66B 1.71B 2.1B 2.68B 2.53B

Ingredients

1.69B 1.69B 2B 2.37B 2.13B

Agriculture

1.4B 1.54B 1.73B 1.85B 1.65B

Sugar - Discontinued Operation

- - - - 70M

Central

-251M -246M -257M -375M -
See all business segments

Geographical breakdown of sales: Associated British Foods plc

Fiscal Period: September20202021202220232024

Europe & Africa

5.05B 4.94B 6.29B 7.55B 7.83B

United Kingdom

5.05B 4.98B 6.38B 7.27B 7.3B

The Americas

1.62B 1.68B 2.03B 2.42B 2.51B

Asia Pacific

2.22B 2.28B 2.3B 2.51B 2.36B

Asia Pacific - Discontinued Operation

- - - - 70M
See all geographic segments

Executive Committee: Associated British Foods plc

Manager TitleAgeSince
Chief Executive Officer 61 2005-03-31
Director of Finance/CFO 55 2025-03-30
Corporate Officer/Principal - -
Human Resources Officer - 2019-09-30
General Counsel 61 -
See ASSOCIATED BRITISH FOODS PLC governance

Composition of the Board of Directors: Associated British Foods plc

Director TitleAgeSince
Director/Board Member 61 1999-04-18
Director/Board Member 62 2011-11-30
Director/Board Member 68 2016-04-13
Chairman 63 2018-04-10
Director/Board Member 70 2018-09-04
Director/Board Member 70 2021-02-28
Director/Board Member 53 2023-04-27
Director/Board Member - 2023-09-05
Director/Board Member - 2023-11-30
Director/Board Member 57 2024-09-30
Composition of the Board of Directors

Shareholders: Associated British Foods plc

NameEquities%Valuation
Wittington Investments Ltd.
58.03 %
421,243,985 58.03 % 10 385 M p
Artisan Partners LP
3.949 %
28,661,530 3.949 % 707 M p
Royal Bank of Canada (Channel Islands) Ltd.
2.162 %
15,691,000 2.162 % 387 M p
The Vanguard Group, Inc.
1.492 %
10,829,113 1.492 % 267 M p
Mondrian Investment Partners Ltd.
1.413 %
10,257,158 1.413 % 253 M p
NameEquities%Valuation
Karner Blue Capital LLC
0.000734 %
5,325 0.000734 % 131 277 p
RhumbLine Advisers LP
0.000308 %
2,232 0.000308 % 55 025 p
GAMMA Investing LLC
0.000042 %
306 0.000042 % 7 544 p
List of ASSOCIATED BRITISH FOODS PLC shareholders

Holdings: Associated British Foods plc

NameEquities%Valuation
542,084,186 75.98% 560,233,165 $
237,428,539 75% 303,680,599 $

Company details: Associated British Foods plc

Associated British Foods Plc

Weston Centre 10 Grosvenor Street

W1K 4QY, London

+

http://abfpensions.com
address Associated British Foods plc(ABF)

Group companies: Associated British Foods plc

NameCategory and Sector
Food: Major Diversified
Agricultural Commodities/Milling
AB Vista Europe BV
AB Agri Polska Sp zoo
Food: Major Diversified
See all subsidiaries

Other Food Processing

Change 5d. change 1-year change 3-years change Capi.($)
+1.15%+2.13%-19.26%+34.99% 20.84B
+0.05%+0.74%-7.24%-30.03% 272B
-2.76%-1.44%-7.39%+0.71% 87.29B
+1.16%+2.04%+26.14%+36.15% 54.42B
-1.50%+2.88%-22.14%-31.36% 35.91B
-1.57%-0.15%-12.34%-26.84% 33.75B
-1.55%-0.14%-20.38%-22.22% 31.37B
-0.10%+0.58%+42.36%+19.39% 28.6B
+0.03%+2.15%-2.59%+33.77% 27.49B
+0.42%-2.46%+4.33%-33.59% 23.22B
Average +0.37%+1.09%-1.85%-1.90% 61.53B
Weighted average by Cap. +0.21%+1.00%-3.58%-12.10%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
18
Last Close Price
22.05GBP
Average target price
22.78GBP
Spread / Average Target
+3.33%
Consensus

Quarterly revenue - Rate of surprise

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