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Associated British Foods
(LSE:ABF)
Associated British Foods (ABF) vs. iShares MSCI United Kingdom ETF (EWC)
Associated British Foods Business Overview & Revenue Model
Associated British Foods Earnings Call Summary
Associated British Foods Financial Statement Overview
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.45B | 20.07B | 19.75B | 17.00B | 13.88B |
| Gross Profit | 4.70B | 1.84B | 1.34B | 3.78B | 3.13B |
| EBITDA | 2.43B | 2.56B | 2.02B | 1.87B | 1.48B |
| Net Income | 1.02B | 1.46B | 1.04B | 700.00M | 478.00M |
Balance Sheet | |||||
| Total Assets | 19.29B | 19.01B | 18.84B | 19.77B | 16.89B |
| Cash, Cash Equivalents and Short-Term Investments | 1.06B | 1.66B | 1.46B | 2.13B | 2.31B |
| Total Debt | 3.69B | 3.68B | 3.72B | 3.89B | 3.69B |
| Total Liabilities | 8.11B | 7.74B | 7.65B | 8.22B | 6.89B |
| Stockholders Equity | 11.06B | 11.19B | 11.09B | 11.45B | 9.92B |
Cash Flow | |||||
| Free Cash Flow | 1.15B | 1.79B | 614.00M | 380.00M | 742.00M |
| Operating Cash Flow | 2.25B | 2.87B | 1.69B | 1.15B | 1.37B |
| Investing Cash Flow | -878.00M | -1.33B | -1.06B | -854.00M | -656.00M |
| Financing Cash Flow | -1.65B | -1.57B | -1.16B | -563.00M | -373.00M |
Associated British Foods Technical Analysis
Associated British Foods Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £2.76B | 8.36 | 15.07% | 2.06% | 6.96% | 28.47% | |
76 Outperform | £1.59B | 8.95 | 10.71% | 1.62% | 0.50% | 20.52% | |
70 Outperform | £1.98B | 17.26 | 12.23% | 0.79% | 7.74% | 30.09% | |
69 Neutral | £12.69B | 15.47 | 9.22% | 2.98% | -3.06% | -26.93% | |
65 Neutral | £1.46B | 8.87 | 2.17% | 5.27% | 26.84% | -81.73% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
Associated British Foods Corporate Events
Associated British Foods has continued to execute on its previously announced share repurchase programme, buying back 160,000 ordinary shares on 20 March 2026 at an average price of 1,801.2888 pence. The shares, acquired via Barclays Capital Securities across several trading venues including the London Stock Exchange and major multilateral platforms, are to be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.
The transactions were carried out as on‑exchange trades in line with London Stock Exchange rules, with prices ranging between 1,784.5 pence and 1,819 pence during the session. By progressing with the buyback at these levels, Associated British Foods is signalling ongoing confidence in its balance sheet strength and long‑term prospects, while providing incremental support to the stock through active capital management.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1990.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 149,999 ordinary shares for cancellation as part of its ongoing share buyback programme authorised by shareholders. The shares were acquired on 19 March 2026 at an average price of 1,824.0622 pence, via on-exchange transactions executed by Barclays across several UK and European trading venues.
Cancelling the stock will reduce the company’s share count and can enhance earnings per share, signalling continued balance-sheet strength and capital discipline. The move underscores management’s confidence in the group’s financial position and returns policy, and is likely to be welcomed by shareholders seeking ongoing capital returns in addition to dividends.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1990.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its previously announced share repurchase programme, buying 89,688 ordinary shares on 18 March 2026 at an average price of about 1,865.37 pence. The shares, acquired via multiple on-exchange trades across venues including the London Stock Exchange and alternative platforms, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share for remaining investors.
The latest buyback tranche, executed through Barclays Capital Securities, underscores the group’s ongoing capital return strategy alongside its investment plans across food and retail operations. While the volume is small relative to its overall market value, the activity signals management’s confidence in the company’s valuation and provides incremental support to the stock in the secondary market.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2012.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 70,000 of its ordinary shares at an average price of 1,878.11 pence each as part of its ongoing share buyback programme authorised by shareholders. The shares, acquired on 17 March 2026 via Barclays Capital Securities across multiple trading venues, will be cancelled, marginally reducing the company’s share count and enhancing earnings per share for remaining investors.
All transactions were executed as on-exchange trades under London Stock Exchange rules, with prices ranging between 1,870 and 1,888 pence. The detailed trade breakdown underscores the methodical execution of the buyback, signalling continued capital-return discipline and potentially supporting the share price in the market.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2004.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 75,000 of its ordinary shares on 16 March 2026 under its ongoing share buyback programme, paying an average price of 1,870.3829 pence per share. The shares, acquired via Barclays Capital Securities across multiple trading venues, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1992.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has disclosed a director-related shareholding change after trustees of the G H Weston 1964 Settlement removed pledges over a large block of company shares. The trust, which counts chief executive George Weston among its beneficiaries, lifted security pledges on 2,859,973 ordinary shares held for the benefit of another individual, in a transaction conducted outside a trading venue on 13 March, clarifying its status under UK market abuse rules without involving any share sale or purchase.
The move reflects an internal adjustment to collateral arrangements rather than a change in economic ownership by Weston or other insiders. While the transaction does not alter the total share capital or indicate trading activity by management, it provides transparency for investors and regulators on the handling of pledged securities linked to a person closely associated with a senior executive.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1992.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its previously announced share repurchase programme, buying 75,000 ordinary shares on 13 March 2026 at an average price of 1,841.66 pence. The shares were acquired from Barclays Capital Securities across multiple U.K. trading venues as on-exchange transactions.
The company intends to cancel all of the repurchased shares, marginally reducing its share count and returning capital to investors. The move underscores ongoing capital-management efforts that can enhance earnings per share and signal confidence in the group’s financial position.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1966.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its share repurchase programme, buying back 80,000 ordinary shares on 12 March 2026 at an average price of 1,857.0379 pence. The shares, acquired from Barclays Capital Securities across multiple trading venues, are to be cancelled, effectively reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.
The buyback transactions were carried out as on-exchange trades under the authority previously granted by shareholders, with prices ranging between 1,837.5 pence and 1,869 pence. This latest tranche underscores the group’s ongoing capital management strategy and signals continued confidence in its balance sheet strength and long-term prospects, which may support valuation and shareholder sentiment in the near term.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1980.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 85,000 of its ordinary shares on 11 March 2026 under its previously announced share buyback authority, paying an average price of about 1,848.67 pence per share across multiple trading venues. The company plans to cancel the repurchased shares, a move that will modestly reduce its share count and can enhance earnings per share, signalling continued capital returns to investors and active balance sheet management.
The transactions were executed through Barclays Capital Securities Limited as on-exchange trades on the London Stock Exchange and associated platforms, with prices ranging between 1,836.50 pence and 1,860.00 pence. This latest tranche forms part of the broader repurchase programme set out in February 2026, underscoring management’s ongoing confidence in the group’s valuation and long-term strategy while providing incremental support to the share price.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1939.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has executed a further tranche of its previously announced share repurchase programme, buying back 89,704 ordinary shares on 10 March 2026 through Barclays Capital Securities at a volume‑weighted average price of about 1,853 pence. The company plans to cancel the repurchased stock, a move that will modestly reduce its share count and can enhance earnings per share and capital returns for investors while signalling continued confidence in its financial position.
The buyback was carried out as on‑exchange transactions across several venues, including the London Stock Exchange, CBOE platforms, Aquis Exchange and Turquoise, within a trading range of 1,841.5 to 1,864 pence per share. This ongoing execution of the programme underscores ABF’s active approach to balance‑sheet management and shareholder distribution alongside its core investments in its food and retail operations.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1975.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has executed another tranche of its ongoing share repurchase programme, buying 105,000 ordinary shares for cancellation on 9 March 2026 at an average price of about 1,847.40 pence. The shares were acquired via Barclays Capital Securities across multiple venues including the London Stock Exchange, Cboe and Aquis, and their cancellation will marginally reduce the company’s share count, providing a slight boost to earnings per share and signalling continued capital returns to shareholders.
The buyback activity, carried out under previously granted shareholder authority, underscores the group’s confidence in its balance sheet and cash generation. By retiring the repurchased stock rather than holding it in treasury, Associated British Foods is pursuing a more permanent form of capital distribution, which may support its valuation and aligns with broader FTSE 100 practices of returning surplus capital through structured buyback programmes.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2000.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 119,909 of its ordinary shares on 6 March 2026 under its ongoing share buyback programme, paying an average of 1,882.66 pence per share, with trades executed across venues including the London Stock Exchange, Aquis, Cboe and Turquoise. The shares, bought from Barclays Capital Securities as an on-exchange transaction, will be cancelled, marginally reducing the company’s share count and signaling continued capital returns to shareholders through its authorised repurchase plan.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2019.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued its recently announced share repurchase programme by buying back 70,000 ordinary shares on 5 March 2026. The shares, acquired from Barclays Capital Securities at an average price of about 1,911 pence and across several London trading venues, are intended to be cancelled, marginally reducing the company’s share count and enhancing capital returns to shareholders.
All purchases were executed as on-exchange transactions in line with London Stock Exchange rules and within the shareholder authority granted for the buyback. The move underlines the board’s ongoing use of balance sheet flexibility to return surplus capital, a step that may support earnings per share and signals management’s confidence in the group’s financial position.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has confirmed that Eoin Tonge, formerly Group Finance Director and interim head of Primark, has been appointed permanent Chief Executive of the value fashion chain and will remain on ABF’s board. Tonge, who brings senior experience from Marks & Spencer and Greencore, has begun executing a strategy to strengthen Primark’s customer proposition by improving product, sharpening value perception and enhancing digital and marketing capabilities.
The group has also created a new role of Primark Chief Commercial Officer, appointing former H&M executive and current BRAV chief executive Filip Ekvall effective 1 September 2026. By uniting product, retail, digital and customer functions under Ekvall, ABF aims to better integrate Primark’s offering across markets, with the board signalling that the strengthened leadership team is expected to drive improved operational performance and support the chain’s next phase of international growth.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has appointed Joana Edwards as Group Chief Financial Officer and an Executive Director on its board with immediate effect, elevating her from the interim finance role she has held since March 2025 and building on her tenure as Group Financial Controller since 2020. With more than 30 years of international finance experience in FMCG and retail, including senior roles at L’Oréal, Edwards is expected to reinforce ABF’s focus on disciplined capital allocation, cost control and cash generation, supporting the group’s strategy of delivering long-term, sustainable growth and attractive shareholder returns.
Chief executive George Weston and chairman Michael McLintock both highlighted Edwards’ strong track record during her interim tenure, citing her grasp of ABF’s operating model, execution rigour and leadership of high-performing teams as reasons for her permanent promotion. Her appointment signals continuity in the finance function and is likely to be welcomed by investors seeking stability in ABF’s leadership as the company pursues its strategic priorities across its global food and retail portfolio.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued executing its share repurchase programme, buying back 90,000 ordinary shares on 4 March 2026 at an average price of 1,926.483 pence. The shares, acquired from Barclays Capital Securities across multiple trading venues, are to be cancelled, marginally reducing the company’s share count and returning additional capital to investors.
The latest buyback tranche underscores management’s ongoing capital allocation strategy, which can enhance earnings per share and support the stock by tightening free float. While modest relative to the group’s overall market value, the cancellation signals confidence in the balance sheet and may be viewed positively by shareholders seeking capital returns alongside dividends.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 90,000 of its ordinary shares on 3 March 2026 as part of its previously announced share buyback programme, at an average price of 1,894.1596 pence per share. The shares, acquired via Barclays Capital Securities across multiple trading venues including the London Stock Exchange and alternative platforms, will be cancelled, marginally reducing the company’s share capital and potentially enhancing earnings per share for remaining investors.
The transactions, executed as on-exchange trades under London Stock Exchange rules, saw prices range between 1,879 and 1,916 pence, reflecting active liquidity in the stock during the session. The move underscores management’s ongoing capital-return strategy and signals continued confidence in the group’s valuation, while providing incremental support to the share price and improving capital efficiency for shareholders.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 145,000 of its ordinary shares on 2 March 2026 as part of its ongoing share buyback programme authorised by shareholders. The shares, acquired on the London Stock Exchange at a volume‑weighted average price of about 1,936.49 pence, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share and capital returns for remaining investors.
The transaction was executed through Barclays Capital Securities under standard exchange rules, with prices ranging from 1,921.50 pence to 1,959.00 pence during the trading session. This latest tranche signals continued execution of the capital management strategy announced in late February 2026, underscoring management’s willingness to deploy cash to support the share price and optimise the group’s balance sheet structure.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 234,368 ordinary shares on 27 February 2026 under its ongoing share buyback programme authorised by shareholders. The shares, acquired from Barclays Capital Securities at an average price of about 1,968 pence and across multiple London trading venues, are to be cancelled, reducing the company’s share capital and potentially enhancing earnings per share and capital returns for investors.
The transactions were executed as on‑exchange trades on the London Stock Exchange and alternative venues including Aquis, Cboe and Turquoise, in line with market rules. This latest tranche signals continued deployment of surplus capital into buybacks, underscoring management’s confidence in the group’s valuation and providing incremental support to the share price while modestly increasing remaining shareholders’ proportional ownership.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has confirmed that it has 709,578,099 ordinary shares in issue, each carrying one vote at general meetings, with none of these shares held in treasury. The disclosure, made under UK financial transparency rules, clarifies the company’s voting capital structure and provides shareholders with the reference figure needed to assess and report any notifiable holdings or changes in their ownership stakes.
By formally updating the market on its total voting rights, the group supports regulatory compliance and enhances transparency for investors tracking their positions in the stock. The announcement underscores adherence to the Financial Conduct Authority’s disclosure regime, which is key for institutional shareholders and market participants monitoring governance and control dynamics at the company.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 75,000 of its ordinary shares on 26 February 2026 under its previously announced share buyback authority. The shares, acquired from Barclays Capital Securities at an average price of about 1,952 pence, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share for remaining investors.
The transactions were executed as on-exchange trades across several venues including the London Stock Exchange, Cboe and Aquis. The move underscores the group’s ongoing capital management strategy, signalling confidence in its balance sheet and future prospects while returning surplus capital to shareholders in a disciplined manner.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 50,000 of its ordinary shares for cancellation as part of its previously announced share buyback programme, paying an average price of about 1,953 pence per share. The move, executed via Barclays across multiple trading venues, will reduce the company’s share count and may enhance earnings per share and capital efficiency for investors as the programme progresses.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has launched the second tranche of its previously announced share repurchase programme, appointing Barclays Capital Securities to execute up to £125 million of buybacks. The mandate runs from 25 February 2026 to between 14 May and 14 August 2026, with Barclays acting as riskless principal and making trading decisions independently of the company.
The buyback will be conducted via open market purchases on the London Stock Exchange and other recognised venues, with all repurchased ordinary shares to be cancelled to reduce the company’s capital. This move signals continued capital return to shareholders within existing authorities and regulatory constraints, and may support earnings per share and capital efficiency over the programme’s duration.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2051.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 136,982 ordinary shares at an average price of 1,902.33 pence on 30 January 2026 as part of its ongoing share buyback programme, with all shares bought via UBS AG London Branch on multiple European trading venues and earmarked for cancellation to reduce the company’s share capital. The transaction completes the first £125 million tranche of the group’s up to £250 million buyback, signalling continued commitment to returning surplus capital to shareholders and paving the way for a second £125 million tranche that is expected to further enhance capital efficiency and earnings per share over time.
The most recent analyst rating on (GB:ABF) stock is a Buy with a £2083.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has confirmed that it has 709,900,567 ordinary shares admitted to trading, each carrying one vote, and that it holds no shares in treasury. The disclosure, made under UK transparency rules, provides investors with an updated share capital and voting rights denominator for regulatory reporting, ensuring clarity over the company’s ownership structure and compliance with Financial Conduct Authority requirements.
The most recent analyst rating on (GB:ABF) stock is a Buy with a £2083.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued its shareholder return strategy by repurchasing 135,486 ordinary shares on 29 January 2026 under its ongoing buyback programme authorised by investors last year. The shares, bought from UBS AG’s London branch at an average price of 1,889.64 pence and sourced across multiple trading venues, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share for remaining investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2088.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 148,213 of its ordinary shares on 28 January 2026 under its ongoing share buyback programme, paying an average price of 1,913.07 pence per share, with trades executed across the London Stock Exchange and multiple alternative trading venues via UBS AG London Branch. The company plans to cancel the repurchased stock, a move that will modestly reduce its share count and can enhance earnings per share and capital returns for investors, underlining continued balance-sheet strength and active capital management.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2084.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has bought back 310,704 of its ordinary shares on 27 January 2026 under its previously announced share repurchase programme, paying an average price of 1,896.12 pence per share across multiple trading venues including the London Stock Exchange, BATS Europe, Chi‑X Europe and Aquis. The company intends to cancel all of the repurchased shares, a move that will modestly reduce the share count and can enhance earnings per share, signalling continued execution of its capital return policy and offering incremental support to shareholder value.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2060.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued its share repurchase programme with the on-market buyback of 106,853 ordinary shares on 26 January 2026, at an average price of 1,886.42 pence per share, executed by UBS across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel all of these shares, a move that marginally reduces the share count and underscores its ongoing capital return strategy, which may support earnings per share and signals management’s confidence in the group’s financial position.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2058.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 137,379 of its ordinary shares on 23 January 2026 at an average price of 1,883.02 pence per share as part of its ongoing share buyback programme authorised by shareholders in November 2025. The shares, acquired via UBS across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis, will be cancelled, modestly reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2063.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 66,564 of its ordinary shares on 22 January 2026 as part of its ongoing share buyback programme authorised by shareholders, paying an average price of 1,873.15 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company plans to cancel the shares, a move that will slightly reduce the overall share count and can be seen as a continued effort to return capital to shareholders and support earnings per share, underlining management’s confidence in the group’s financial position and long-term strategy.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2037.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has announced that its Chairman, Michael McLintock, will join Caledonia Investments as an independent non-executive director, effective 16 February 2026, in line with UK Listing Rule disclosure requirements. The additional external board role may broaden McLintock’s exposure to the investment sector and corporate governance practices, though the company has not indicated any change to his responsibilities or strategic direction at Associated British Foods.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2037.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods reported group revenue of £6.76bn for the 16 weeks to 3 January 2026, broadly in line with earlier estimates and down slightly by 0.9% at constant currency, highlighting mixed performance across its portfolio. Retail revenue, driven by Primark, rose 1.5% at constant currency, with modest like-for-like and total sales growth in the UK and Ireland, stronger momentum in the US with 12% like-for-like growth, but declining like-for-like and total sales in continental Europe; the grocery division was broadly flat with slight growth, while ingredients, sugar and agriculture all reported revenue declines. The update suggests resilience in Primark’s core UK and US markets but ongoing challenges in Europe and commodity-linked businesses, setting the stage for more detailed scrutiny of profitability and regional strategy when interim results are released in April.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2037.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued its ongoing share repurchase programme, buying 79,504 ordinary shares on 21 January 2026 at an average price of 1,857.54 pence per share through UBS AG London Branch across multiple trading venues. The company plans to cancel the repurchased shares, modestly reducing its share capital and signalling continued efforts to return capital to shareholders and manage its balance sheet within the authority previously granted by investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2041.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its previously announced share repurchase programme, buying back 127,798 ordinary shares on 20 January 2026 at an average price of 1,853.09 pence per share. The shares were acquired via UBS across several trading venues, including the London Stock Exchange, BATS Europe, Chi‑X Europe and Aquis, and will be cancelled, marginally reducing the company’s share count and providing incremental support to earnings per share and capital returns for investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2035.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 91,438 of its ordinary shares on 19 January 2026 under its ongoing share buyback programme authorised by shareholders in November 2025. The shares, acquired from UBS across several trading venues at an average price of 1,857.75 pence, will be cancelled, marginally reducing the company’s share capital and potentially enhancing earnings per share and capital returns for remaining investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2035.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its share repurchase programme authorised by shareholders, buying back 127,310 ordinary shares on 16 January 2026 at an average price of 1,859.48 pence per share through UBS AG London Branch across multiple UK and European trading venues. The company plans to cancel all of the repurchased shares, a move that will marginally reduce the share count and can enhance earnings per share, underlining its ongoing capital-return strategy and signalling confidence in its balance sheet and long-term prospects to investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2044.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 70,482 of its ordinary shares on 15 January 2026 as part of its ongoing share buyback programme authorised by shareholders, paying an average price of 1,853.76 pence per share, with trades executed via UBS AG London Branch across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel the repurchased stock, a move that will reduce the number of shares in issue and can enhance earnings per share, underlining management’s continued use of capital returns to shareholders as part of its broader financial strategy.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2013.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued execution of its existing share repurchase programme, buying back 76,200 ordinary shares on 14 January 2026 at an average price of 1,840.69 pence per share through UBS across multiple trading venues. The company intends to cancel all of the repurchased shares, a move that marginally reduces its share count and can enhance earnings per share and capital returns for remaining investors, underscoring ongoing active capital management and confidence in the business.
The most recent analyst rating on (GB:ABF) stock is a Sell with a £1750.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 254,508 of its ordinary shares on 13 January 2026 under its ongoing share buyback programme, paying an average price of 1,850.19 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel the repurchased shares, a move that will modestly reduce its share count and can enhance earnings per share and capital returns for investors, signalling continued confidence in its financial position and long-term strategy.
The most recent analyst rating on (GB:ABF) stock is a Sell with a £1750.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has executed a further tranche of its ongoing share repurchase programme, buying back 410,634 ordinary shares on 12 January 2026 at an average price of 1,832.36 pence per share. The purchases, conducted through UBS AG London Branch across the London Stock Exchange and alternative trading venues, will be cancelled, reducing the company’s share capital and potentially enhancing earnings per share and capital returns for shareholders as the buyback plan announced in November 2025 continues.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £1800.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 435,820 of its ordinary shares on 9 January 2026 under its ongoing share buyback authority, paying an average price of 1,871.11 pence per share, with trades executed via UBS AG London Branch across multiple UK and European trading venues. The company intends to cancel all of these shares, a move that will marginally reduce the share count and can enhance earnings per share and capital returns for investors as the buyback programme progresses.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £21.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued its share repurchase programme by buying back 362,713 ordinary shares on 8 January 2026 from UBS AG London Branch at an average price of 1,887.78 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company plans to cancel the repurchased shares, a move that will reduce the overall share count and can enhance earnings per share, underlining management’s ongoing capital-return strategy and potentially supporting the share price to the benefit of existing shareholders.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods reported a weaker-than-expected start to its 2026 financial year, with Primark and several food businesses facing challenging consumer conditions that will leave group adjusted operating profit and earnings per share below last year. Primark delivered modest like-for-like growth and market share gains in a tough UK clothing market, supported by investments in product, pricing and digital engagement, but like-for-like sales fell sharply in continental Europe, markdowns rose to clear inventory, and overall Primark sales growth lagged prior expectations, prompting management to flag a full-year operating margin of around 10% if current trends persist. In the US, volatile trading weighed on Primark footfall and on ABF’s cooking oils and bakery ingredients operations, leading the company to guide that its Grocery and Ingredients divisions will post moderately lower adjusted operating profit this year, while Sugar and Agriculture remain in line with earlier guidance, leaving group revenue broadly flat and underscoring a more cautious outlook despite management’s confidence in the group’s longer-term prospects and ongoing growth initiatives.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 33,673 of its ordinary shares on 7 January 2026 under its ongoing share buyback authority, paying an average price of 2,146.22 pence per share, with trades executed via UBS AG London Branch across multiple venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company plans to cancel all of the repurchased shares, a move that will marginally reduce its share count and can enhance earnings per share and capital-return credentials, underlining management’s continued focus on shareholder value and balance-sheet efficiency.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 98,591 of its ordinary shares on 5 January 2026 under its ongoing share buyback programme authorised by shareholders in November 2025. The shares, acquired from UBS AG London Branch at an average price of 2,119.76 pence and executed across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis, are intended to be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors as the buyback progresses.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its share repurchase programme, buying back 123,233 ordinary shares on 2 January 2026 from UBS AG’s London branch at an average price of 2,127.3 pence per share. The shares, acquired across the London Stock Exchange and alternative trading venues including BATS Europe, Chi-X Europe and Aquis, are to be cancelled, marginally reducing the company’s share count and reinforcing its ongoing capital-return strategy for shareholders.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has confirmed that it currently has 713,063,208 ordinary shares in issue, each carrying one vote at general meetings, and holds no shares in treasury. The company said this share count should be used by investors as the reference figure for calculating disclosure thresholds under UK Financial Conduct Authority transparency rules, clarifying its capital structure and voting rights for regulatory reporting and shareholder notification purposes.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its previously announced share repurchase programme, buying back 64,562 ordinary shares on 31 December 2025 at an average price of 2,128.96 pence per share through UBS AG London Branch across several trading venues. The company intends to cancel the repurchased shares, effectively reducing its share count and signalling an ongoing focus on capital returns to shareholders, which may enhance earnings per share and support the stock in the context of broader capital allocation within the consumer goods and retail sector.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its share repurchase programme, buying 36,462 ordinary shares on 30 December 2025 at an average price of 2,128.61 pence per share, with trades executed via UBS across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel all of these shares, a move that marginally reduces the number of shares in issue and can enhance earnings per share and capital returns for remaining investors, underlining management’s ongoing capital management strategy following the authority granted by shareholders in November 2025.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 53,381 of its ordinary shares on 29 December 2025 at an average price of 2,124.19 pence per share as part of its previously announced share buyback programme, with the transactions executed on multiple venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis via UBS AG’s London branch. The company intends to cancel the repurchased shares, a move that will reduce the number of shares in issue and can enhance earnings per share and capital return for investors, underlining ongoing capital-management efforts and confidence in its balance sheet.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has continued to execute its previously announced share repurchase programme, acquiring 43,199 ordinary shares on 24 December 2025 through UBS across multiple trading venues at an average price of 2,117.31 pence per share. The company intends to cancel the repurchased shares, modestly reducing its share count and signalling ongoing capital returns to investors, which may provide incremental support to earnings per share and underscores management’s confidence in the group’s financial position and longer-term strategy.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 76,885 of its ordinary shares on 23 December 2025 under its previously announced share buyback programme, paying an average price of 2,112.56 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi‑X Europe and Aquis. The company intends to cancel all of the shares bought back, a move that will reduce its share count and can enhance earnings per share and capital returns for remaining shareholders as it continues to deploy excess cash to shareholder distributions.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.
Associated British Foods has repurchased 138,644 of its ordinary shares on 22 December 2025 as part of its previously announced share buyback programme, paying an average price of 2,106.21 pence per share within a trading range of 2,097 to 2,120 pence. The shares, acquired via UBS AG London Branch across multiple trading venues including the London Stock Exchange, BATS Europe, Chi‑X Europe and Aquis, will be cancelled, modestly reducing the company’s share count and reinforcing its ongoing capital return strategy for shareholders.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2338.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.