Associated British Foods plc

Equities

ABF

GB0006731235

Food Processing

Market Closed - London S.E. 11:35:14 2024-04-23 am EDT 5-day change 1st Jan Change
2,731 GBX +8.98% Intraday chart for Associated British Foods plc +13.41% +15.38%

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European Equities Close Higher in Tuesday Trading; Euro Area Business Activity Grows at Fast Rate MT
UK Private Sector Activity Expansion Fuels Gains in Local Stocks MT
FTSE 100 gains pared after hitting record high AN
Tech, Retail Issues Lift European Bourses Midday MT
FTSE 100 pushes to new high; AB Foods surges AN
European Midday Briefing: Stocks Buoyed by Strong Earnings, FTSE 100 Hits Fresh Record DJ
North American Morning Briefing : Stock Futures Rise, Tesla Earnings in Focus DJ
FTSE 100 hits record high Our Logo
AB Foods ups payout 46% as Primark boosts strong first-half AN
Transcript : Associated British Foods plc, H1 2024 Earnings Call, Apr 23, 2024
AB Foods profit soars boosting interim dividend AN
U.S. Futures Flat, European Stocks Rise DJ
FTSE 100 hits record high in early trade RE
Primark won't pursue home delivery after Click & Collect expansion, says boss RE
AB Foods lifts outlook as interim profit soars AN
Associated British Foods Reports Higher Fiscal H1 Attributable Profit, Revenue MT
Primark owner AB Foods expects 'significant growth' in full-year profit RE
Associated British Foods plc Reports Earnings Results for the Half Year Ended March 16, 2024 CI
Associated British Foods plc Announces Interim Dividend, Payable on 5 July 2024 CI
Stocks expected to extend Monday's rally AN
New record close for FTSE 100 as war fears ease AN
RBC Raises Associated British Foods PT, Keeps Outperform Rating MT
UBS raises Crest Nicholson; Stifel cuts CRH AN
George Weston and Loblaw Both Enter into Automatic Share Purchase Plans MT
George Weston Brief: Entering into Automatic Share Purchase Plan MT
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Associated British Foods plc is one of the largest European food processing groups. Net sales break down by family of products as follows: - grocery and bakery products (21.3%): tea (Twinings brand), oils (Mazola and Capullo), spices (Spice Islands and Durkee), jam, bread, biscuits, sauces, etc.; - sugar (12.9%): Silver Spoon, Billington's brands, etc.; - ingredients (10.9%): yeasts, flavorings, emulsifiers, sterols, esters, etc.; - processed food products (10.1%): mainly cereal and animal feed. The remaining sales (45.6%) are from clothing distribution (408 outlets located mainly in the United Kingdom, Ireland, Spain, Germany, the Netherlands, and Portugal under the Primark and Penneys names). Net sales are distributed geographically as follows: the United Kingdom (36.8%), Europe and Africa (38.2%), Asia/Pacific (12.7%) and Americas (12.3%).
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
27.31 GBP
Average target price
25.49 GBP
Spread / Average Target
-6.66%
Consensus

Quarterly revenue - Rate of surprise

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  5. Associated British Foods : ABF Expects Lower Primark Fiscal H1 Sales On COVID-19, But Reopening Seen 'Highly Cash Generative'