Associated British Foods plc

ABF

GB0006731235

Food Processing

Market Closed - London S.E. Other stock markets 16:35:13 17/07/2024 BST			5-day change	1st Jan Change
2,485 ^GBX	+0.85%		+1.30%	+4.99%

06-18	Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024	CI
05-31	FTSE 100 outperforms European counterparts	AN

Associated British Foods plc Reports Group Revenue Results for the Sixteen Weeks Ended January 7, 2023

January 24, 2023 at 07:00 am

Associated British Foods plc reported group revenue results for the sixteen weeks ended January 7, 2023. For the period, the company reported group revenue of £6,698 million compared to £5,569 million a year ago.

Latest news about Associated British Foods plc

Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024	06-18	CI
FTSE 100 outperforms European counterparts	05-31	AN
Majority shareholder Wittington sells 1.4% stake in AB Foods	05-31	AN
Associated British Foods Shareholder Howard Investments to Sell GBP262 Million Stake	05-31	MT
FTSE 100 called up; UK house prices show resilience	05-31	AN
Associated British Foods' Majority Owner to Trim Stake	05-31	MT
George Weston Upgraded by S&P on Sustained Low Leverage	05-30	MT
AB Foods majority investor to sell GBP273 million worth of shares	05-30	AN
FTSE 100 falls; retail sales plunge in April	05-24	AN
Big city malls the future for Klepierre in battle with online	05-21	RE
George Weston Q1 Net Earnings Fall 45% as Revenue Rises, Declares 15% Dividend Boost	05-07	MT
George Weston Brief: Quarterly common share dividend to be increased by $0.107, or 15.0%, from $0.713 per common share to $0.820 per common share	05-07	MT
George Weston Brief: Q1 Revenues $13,735 Million Vs Forecast $13,670.47 Million and Last Year $13,133 Million	05-07	MT
George Weston Brief: Q1 EPS Normalized $2.30 Vs Forecast $2.52 and Last Year $1.99	05-07	MT
Primark owner to raise game in explaining merits of food businesses, CEO says	05-07	RE
Loblaw Gets Green Light from Toronto Stock Exchange for Normal Course Issuer Bid	05-02	MT
Britain's Next keeps profit guidance after first-quarter sales rise	05-01	RE
JPMorgan Raises Associated British Foods PT, Affirms Neutral Rating	04-30	MT
Deutsche says buy Barr, Britvic and Fevertree	04-30	AN
Deutsche Bank likes Frasers; Barclays cuts JD	04-29	AN
Goldman Keeps Associated British Foods at Neutral, Boosts PT	04-26	MT
Peel Hunt cuts ConvaTec to 'reduce'	04-26	AN
The return of bad news is good news	04-24
Barclays Keeps Associated British Foods at Equalweight, Lifts PT	04-24	MT
ANALYST RECOMMENDATIONS : Airbnb, Tesla, Ulta Beauty, Walt Disney, Taylor Wimpey...	04-24

Chart Associated British Foods plc

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Company Profile

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%).

Sector

Food Processing

Calendar

10/09/2024 - Q4 2024 Sales and Revenue Release - Pre close trading update

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

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Ratings for Associated British Foods plc

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

24.85 GBP

Average target price

26.86 GBP

Spread / Average Target

+8.10%

Consensus

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Quarterly revenue - Rate of surprise

Company calendar

Sector Other Food Processing

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ARCHER-DANIELS-MIDLAND COMPANY	-9.00%	31.92B
NESTLÉ INDIA LIMITED	-1.97%	30.08B
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MCCORMICK & COMPANY, INCORPORATED	+8.81%	19.69B

Other Food Processing