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Associated British Foods
(LSE:ABF)
Associated British Foods (ABF) vs. S&P 500 (SPY)
Associated British Foods Business Overview & Revenue Model
Associated British Foods Financial Statement Overview
| Breakdown | ||||
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 20.07B | 19.75B | 17.00B | 13.88B | 13.94B | Gross Profit |
| 4.88B | 4.16B | 3.78B | 3.13B | 3.14B | EBIT |
| 1.93B | 1.38B | 1.18B | 808.00M | 810.00M | EBITDA |
| 3.13B | 2.48B | 2.13B | 1.80B | 1.81B | Net Income Common Stockholders |
| 1.46B | 1.04B | 700.00M | 478.00M | 455.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.66B | 1.46B | 2.13B | 2.31B | 2.03B | Total Assets |
| 19.01B | 18.84B | 19.77B | 16.89B | 16.67B | Total Debt |
| 3.68B | 3.72B | 3.89B | 3.69B | 4.11B | Net Debt |
| 2.35B | 2.27B | 1.77B | 1.41B | 2.12B | Total Liabilities |
| 7.74B | 7.65B | 8.22B | 6.89B | 7.23B | Stockholders Equity |
| 11.19B | 11.09B | 11.45B | 9.92B | 9.36B |
| Cash Flow | Free Cash Flow | |||
| 1.79B | 614.00M | 380.00M | 742.00M | 1.08B | Operating Cash Flow |
| 2.87B | 1.69B | 1.15B | 1.37B | 1.70B | Investing Cash Flow |
| -1.33B | -1.06B | -854.00M | -656.00M | -574.00M | Financing Cash Flow |
| -1.57B | -1.16B | -563.00M | -373.00M | -572.00M |
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 |
|---|---|---|---|---|---|---|---|
81 Outperform | £14.74B | 11.56 | 11.89% | 3.13% | -0.38% | 14.68% | |
80 Outperform | £119.20B | 24.43 | 30.27% | 3.13% | -0.76% | -12.83% | |
77 Outperform | £22.52B | 14.14 | 10.18% | 3.35% | ― | ― | |
72 Outperform | £6.18B | 17.95 | 6.21% | 4.89% | 0.34% | 150.85% | |
71 Outperform | £7.71B | 15.09 | 17.19% | 0.79% | 6.87% | 22.36% | |
64 Neutral | $8.88B | 14.97 | 4.63% | 174.27% | 3.67% | 4.40% |
Associated British Foods Earnings Call Summary
Associated British Foods Corporate Events
Associated British Foods plc announced the repurchase and cancellation of 104,608 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. This move, executed on the London Stock Exchange, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods exhibits a strong financial foundation with robust income growth and profitability. The company benefits from strategic investments and shareholder-friendly initiatives like share buybacks. While technical analysis suggests mixed signals, the attractive valuation and positive earnings outlook support a favorable stock score. Key risks include challenges in the Sugar division and cost pressures in retail.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods PLC has announced the repurchase and cancellation of 98,044 of its ordinary shares as part of its share buyback program. This transaction, conducted through Barclays Capital Securities Limited, reflects the company’s strategic move to manage its capital structure and potentially enhance shareholder value. The buyback could signal confidence in the company’s financial health and future prospects, potentially impacting its stock performance positively.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores highly due to its strong financial performance, attractive valuation, and positive earnings outlook. While share buybacks enhance shareholder value, challenges in specific segments and leadership transitions require attention. Technical indicators suggest a cautious stance, but the overall investment outlook remains favorable.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods announced the repurchase and cancellation of 400,000 of its ordinary shares as part of its ongoing share repurchase program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategic initiative to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial stability.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods is well-positioned with strong financial performance, attractive valuation, and positive earnings call sentiment. The ongoing share buyback program enhances shareholder value. However, technical indicators suggest caution due to overbought conditions, and challenges in specific segments like the Sugar division warrant attention. Overall, the company offers a stable and promising investment opportunity with manageable risks.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods PLC announced that it has 723,947,618 ordinary shares admitted to trading, each carrying one vote at general meetings. This information is crucial for shareholders to determine their reporting obligations under the Financial Conduct Authority’s rules, as the company holds no shares in treasury.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods is well-positioned with strong financial performance, attractive valuation, and positive earnings call sentiment. The ongoing share buyback program enhances shareholder value. However, technical indicators suggest caution due to overbought conditions, and challenges in specific segments like the Sugar division warrant attention. Overall, the company offers a stable and promising investment opportunity with manageable risks.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 528,578 of its ordinary shares as part of its ongoing share repurchase program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores well due to its strong financial performance, attractive valuation, and positive earnings call sentiment. The ongoing share buyback program enhances shareholder value. However, technical indicators suggest caution due to overbought conditions, and challenges in specific segments like the Sugar division warrant attention.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods has announced an interim dividend of 20.7 pence per ordinary share, to be paid on 4 July 2025, following its interim results for the 24-week period ended 1 March 2025. The company offers a dividend reinvestment plan, allowing shareholders to reinvest dividends into company shares, with the final date for elections being 13 June 2025.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores well due to its strong financial performance, attractive valuation, and positive earnings call sentiment. The ongoing share buyback program enhances shareholder value. However, technical indicators suggest caution due to overbought conditions, and challenges in specific segments like the Sugar division warrant attention.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods reported its interim results for the 24 weeks ending March 1, 2025, showing a mixed performance across its divisions. While the company saw growth in its Retail and Ingredients sectors, with Primark performing well in Europe and the US, its Sugar division faced challenges due to low European sugar prices and losses in its UK bioethanol business, Vivergo. The company remains optimistic about its long-term growth prospects, supported by a strong balance sheet and continued investment in capacity and technology.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores well due to its strong financial performance, attractive valuation, and positive earnings call sentiment. The ongoing share buyback program enhances shareholder value. However, technical indicators suggest caution due to overbought conditions, and challenges in specific segments like the Sugar division warrant attention.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 90,000 of its ordinary shares on April 25, 2025, as part of its ongoing share repurchase program. The shares were bought from Barclays Capital Securities Limited at an average price of GBp 2206.3713, with the transaction adhering to the London Stock Exchange rules. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods is well-positioned with strong financials, strategic investments, and an attractive valuation. The positive outlook from the earnings call and active share buybacks further support the company’s growth potential. However, mixed technical signals and challenges in specific segments like the Sugar division require cautious optimism.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods PLC announced a share repurchase transaction on April 24, 2025, where it bought back 2,030 of its ordinary shares from Barclays Capital Securities Limited at an average price of 2190 pence per share. This move is part of its ongoing share repurchase program aimed at enhancing shareholder value by reducing the number of shares in circulation, potentially impacting the company’s stock price and market perception positively.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods demonstrates a strong financial profile with robust income growth and profitability, supported by strategic investments and shareholder returns. While technical indicators show mixed signals, the company’s attractive valuation and positive earnings outlook contribute to a favorable overall score. Key risks include challenges in specific business segments and leadership transitions.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 16,061 of its ordinary shares from Barclays Capital Securities Limited as part of its share buyback program. This move, executed on the London Stock Exchange, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods demonstrates strong financial health with consistent income growth, a solid balance sheet, and effective cash flow management. The stock is attractively valued with a low P/E ratio and a good dividend yield. Despite some mixed technical indicators and challenges in the Sugar division, the positive earnings call outlook and strategic shareholder returns support a robust overall score.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 150,000 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. The transaction, conducted on the London Stock Exchange, reflects the company’s strategic initiative to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores an 82, reflecting strong financial performance, positive earnings call outlook, and attractive valuation. The company benefits from robust income growth, a solid balance sheet, and strategic shareholder returns. Some caution is advised due to mixed technical analysis indicators and specific business segment challenges, particularly in the Sugar division and cost pressures in retail.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 10,482 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. The transaction, conducted on the London Stock Exchange and other venues, reflects the company’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores a 78, reflecting its strong financial performance, positive earnings call, and attractive valuation. The primary strengths are significant income growth, a solid balance sheet, and strategic shareholder returns. Some caution is advised due to technical analysis indicators suggesting mixed market trends and challenges in certain business segments.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 400,000 ordinary shares as part of its ongoing share repurchase program. This move, executed through Barclays Capital Securities Limited, is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and shareholder relations.
Spark’s Take on GB:ABF Stock
According to Spark, TipRanks’ AI Analyst, GB:ABF is a Outperform.
Associated British Foods scores 79, reflecting its strong financial performance, attractive valuation, and positive earnings call sentiment. The technical analysis indicates a neutral momentum, and the company’s strategic focus on shareholder value through buybacks supports its stable outlook. Key strengths include significant income growth and a solid balance sheet, while challenges in the Sugar division and cost pressures in retail are manageable.
To see Spark’s full report on GB:ABF stock, click here.
Associated British Foods plc announced the repurchase and cancellation of 80,000 ordinary shares as part of its share buyback program. This transaction, executed through Barclays Capital Securities, reflects the company’s strategic financial management aimed at enhancing shareholder value and optimizing capital structure.
Associated British Foods plc announced the repurchase and cancellation of 9,328 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. This transaction, conducted on the London Stock Exchange, reflects the company’s strategic move to manage its capital structure and potentially enhance shareholder value.
Associated British Foods PLC announced the repurchase of 18,684 ordinary shares from Barclays Capital Securities Limited as part of its share buyback program. The transaction, conducted on the London Stock Exchange, is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation.
Associated British Foods PLC announced the repurchase and cancellation of 210,000 of its ordinary shares as part of its ongoing share repurchase program. The shares were acquired from Barclays Capital Securities Limited at an average price of 1933.5879 pence per share. This transaction is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
Associated British Foods PLC has announced a change in the breakdown of voting rights, with Wittington Investments Limited now holding 58.091065% of the voting rights, up from a previous 57.090458%. This adjustment in voting rights signifies a strengthened position for Wittington Investments Limited within the company, potentially impacting corporate governance and decision-making processes.
Associated British Foods PLC announced the repurchase and cancellation of 130,000 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. This transaction, conducted on the London Stock Exchange, reflects the company’s strategic financial management and is likely to impact its share value positively, benefiting shareholders by potentially enhancing earnings per share.
Associated British Foods plc has announced that it has 725,144,203 ordinary shares admitted to trading, each carrying one vote at general meetings. This information is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, highlighting the company’s commitment to regulatory compliance and transparency.
Associated British Foods plc announced the resignation of Paul Marchant as Primark’s Chief Executive following an investigation into his conduct. Eoin Tonge, ABF Finance Director, will temporarily assume the role of Primark Chief Executive, while Joana Edwards will serve as interim ABF Finance Director. The company emphasizes its commitment to maintaining a respectful and inclusive work environment, underscoring the importance of integrity and responsibility in its operations.
Associated British Foods plc announced the repurchase and cancellation of 80,000 of its ordinary shares as part of its ongoing share repurchase program. This transaction, conducted through Barclays Capital Securities Limited, reflects the company’s strategic move to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.
Associated British Foods plc announced the repurchase and cancellation of 22,538 ordinary shares as part of its ongoing share repurchase program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategic financial management and could potentially enhance shareholder value by reducing the number of shares outstanding.
Associated British Foods plc announced the repurchase and cancellation of 170,000 of its ordinary shares as part of its share repurchase program. The shares were bought from Barclays Capital Securities Limited at an average price of GBp 1915.7542, with the highest price paid being GBp 1921.0000 and the lowest GBp 1900.0000. This transaction is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock liquidity and market perception.
Associated British Foods PLC announced the repurchase and cancellation of 130,000 of its ordinary shares, as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, is intended to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and demonstrating confidence in the company’s financial health.
Associated British Foods announced a share buyback transaction, purchasing 59,827 ordinary shares for cancellation as part of its ongoing share repurchase program. This move, executed through Barclays Capital Securities Limited, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
Associated British Foods plc announced the repurchase and cancellation of 110,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value.
Associated British Foods plc announced that Dame Heather Rabbatts, currently serving as the Senior Independent Director, will join Bloomsbury Publishing Plc as a Non-Executive Director starting 14 April 2025. This appointment reflects the company’s commitment to strengthening its leadership team and may enhance its strategic influence within the industry.
Associated British Foods announced the repurchase and cancellation of 80,000 ordinary shares as part of its share buyback program, with shares bought at an average price of 1902.9553 pence. This move indicates the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning positively.
Associated British Foods plc announced the repurchase and cancellation of 97,945 of its ordinary shares from Barclays Capital Securities Limited as part of its share repurchase programme. The transaction, executed on the London Stock Exchange, involved an average price per share of GBp 1892.9122, with the highest and lowest prices being GBp 1901.5000 and GBp 1883.0000, respectively. This move is part of the company’s strategy to manage its capital structure and could impact its market positioning and shareholder value.
Associated British Foods announced the repurchase and cancellation of 49,710 of its ordinary shares from Barclays Capital Securities as part of its ongoing share repurchase program. This move is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value, reflecting a commitment to returning capital to shareholders.
Associated British Foods PLC announced the repurchase and cancellation of 130,000 ordinary shares at an average price of GBp 1851.3076 as part of its share buyback program. This move, executed through Barclays Capital Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
Associated British Foods plc announced a share repurchase transaction, buying back 140,000 of its ordinary shares at an average price of GBp 1843.3440. This move, part of its ongoing share repurchase programme, is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting confidence in its financial position and future prospects.
Associated British Foods plc announced the repurchase and cancellation of 250,000 of its ordinary shares as part of its ongoing share repurchase program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
Associated British Foods PLC announced the repurchase and cancellation of 129,358 of its ordinary shares from Barclays Capital Securities Limited as part of its share repurchase program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach to financial management.
Associated British Foods plc announced the repurchase and cancellation of 54,496 of its ordinary shares as part of its share repurchase program. This transaction, conducted through Barclays Capital Securities Limited, is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The repurchase was executed on the London Stock Exchange and other trading venues, with the average price per share being GBp 1920.3843.
Associated British Foods plc announced the repurchase and cancellation of 140,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategy to enhance shareholder value and optimize its capital structure. The buyback could positively impact the company’s stock price and signal confidence in its financial health.
Associated British Foods announced the repurchase and cancellation of 120,000 ordinary shares as part of its share repurchase program. This transaction, executed through Barclays Capital Securities, reflects the company’s strategic financial management and could potentially enhance shareholder value by reducing the number of shares outstanding.
Associated British Foods PLC announced the repurchase and cancellation of 100,000 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. This move, executed on the London Stock Exchange, reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
Associated British Foods has repurchased 130,000 of its ordinary shares at an average price of 1892.4128 pence per share as part of its share buyback program. This transaction, conducted through Barclays Capital Securities Limited, reflects the company’s strategy to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and supporting the share price.
Associated British Foods plc announced that it has 727,474,215 ordinary shares, each carrying one vote at general meetings, admitted to trading. This announcement, made in accordance with the Financial Conduct Authority’s rules, provides shareholders with the necessary information to determine their notification requirements regarding their interests in the company.
Associated British Foods plc announced the repurchase and cancellation of 94,781 of its ordinary shares from Barclays Capital Securities Limited as part of its share repurchase program. This move is likely to impact the company’s share value and demonstrates a commitment to returning value to shareholders, potentially enhancing its market positioning and investor confidence.
Associated British Foods announced the repurchase of 130,000 of its ordinary shares from Barclays Capital Securities Limited as part of its share repurchase programme. This move is intended to cancel the shares and is part of a broader strategy to manage the company’s capital structure, potentially increasing shareholder value and reflecting confidence in the company’s financial health.
Associated British Foods plc announced the repurchase and cancellation of 130,000 of its ordinary shares, as part of its ongoing share repurchase program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Associated British Foods plc announced the repurchase and cancellation of 298,831 of its ordinary shares as part of its share buyback program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.
Associated British Foods PLC has executed a share buyback, acquiring 102,501 ordinary shares at an average price of GBp 1909.0416 on February 21, 2025. This move is part of the company’s ongoing share repurchase program, aimed at enhancing shareholder value by reducing the number of shares outstanding and potentially improving earnings per share. The shares were purchased from Barclays Capital Securities Limited and will be canceled, following the rules of the London Stock Exchange.
Associated British Foods has announced the execution of the second tranche of its £500 million share repurchase program, involving up to £250 million, starting on 21 February 2025. This initiative aims to reduce the company’s capital by repurchasing and canceling ordinary shares from the open market, with Barclays acting as the principal for the transactions, reflecting strategic financial management to possibly enhance shareholder value.
Associated British Foods has announced a transaction involving the dematerialisation of certificated shareholdings, where the shares were transferred to a nominee company without changing the ultimate beneficial owner. This move reflects a strategic decision aimed at streamlining shareholding processes, potentially impacting the operational efficiency of the company’s financial transactions.