ABF.L - Associated British Foods plc

LSE - LSE Delayed price. Currency in GBp
2,750.00
-11.00 (-0.40%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous close2,761.00
Open2,763.00
Bid2,730.00 x 48700
Ask2,780.00 x 26800
Day's range2,744.00 - 2,775.00
52-week range2,386.00 - 3,387.00
Volume590,552
Avg. volume1,369,829
Market cap21.676B
Beta0.64
PE ratio (TTM)20.83
EPS (TTM)132.00
Earnings dateN/A
Forward dividend & yield0.41 (1.50%)
Ex-dividend date2018-06-07
1y target est3,150.63
  • Reuters - UK Focuslast month

    UK retail sales slide in Q1 after March snow

    British shoppers stayed home in March as they felt the chill from the 'Beast from the East', leading to the biggest quarterly fall in retail sales in a year and weighing on first-quarter economic growth, ...

  • Reuterslast month

    European shares rise as sentiment improves, Italian banks rally

    LONDON (Reuters) - European shares rose on Tuesday to their highest since the end of February as sentiment on tensions between the U.S. and Russia eased and attention shifted to deal-making and first-quarter ...

  • Reuters - UK Focuslast month

    ABF shines on FTSE as blue chips shrug off sterling strength

    Britain's FTSE 100 advanced on Thursday as sterling retreated from its highest level since the Brexit vote, while focus turned from geopolitical risks to corporate earnings that were largely supportive. ...

  • Primark bucks high street gloom with 'remarkable' UK performance
    Sky Newslast month

    Primark bucks high street gloom with 'remarkable' UK performance

    The owner of fashion retailer Primark hailed a "remarkable" UK performance as it delivered a half-year profit boost despite tough conditions for the high street. Shares (Berlin: DI6.BE - news) in parent company Associated British Foods (LSE: ABF.L - news) (ABF) rose 4% after it saw earnings at the brand grow, despite a squeeze created by the weakness of the pound and unseasonable weather. ABF expects profit growth to accelerate in coming months as the recovery in the pound eases the pressure on import costs.

  • Reuters - UK Focuslast month

    LIVE MARKETS-UBS' fantastic capex four

    * European shares rise as risk appetite returns * Sterling hits highest since Brexit vote * U.S. stocks futures climb April 17 - Welcome to the home for real-time coverage of European equity markets brought ...

  • Reuters - UK Focuslast month

    LIVE MARKETS-Why M&A speculation on French telcos sticks

    April 17 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts ...

  • Reuterslast month

    Primark owner encouraged by first U.S. stores

    The first Primark discount clothes stores in the United States are producing encouraging results, but owner Associated British Foods (ABF.L) needs to learn more about the market before considering a major roll-out, it said on Tuesday. Primark opened its first U.S. store in downtown Boston in 2015 and currently trades from eight stores. Analysts see Primark's expansion as the critical driver of AB Foods' prospects and consider the United States a potential game changer for the group.

  • Reuters - UK Focuslast month

    Primark owner encouraged by first U.S. stores

    The first Primark discount clothes stores in the United States are producing encouraging results, but owner Associated British Foods (LSE: ABF.L - news) needs to learn more about the market before considering a major roll-out, it said on Tuesday. Primark opened its first U.S. store in downtown Boston in 2015 and currently trades from eight stores. Analysts see Primark's expansion as the critical driver of AB Foods' prospects and consider the United States a potential game changer for the group.

  • Reuters - UK Focuslast month

    Soaring sterling weighs on FTSE 100, but ABF shines

    Sterling's rise to its highest level since the Brexit vote weighed on Britain's FTSE 100 on Tuesday, while focus turned from geopolitical risks to corporate earnings which were largely supportive. The ...

  • Reuters - UK Focuslast month

    LIVE MARKETS-Opening snapshot: European stocks progress as focus turns to earnings

    April 17 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts ...

  • The Wall Street Journallast month

    [$$] AB Foods Profit Slumps

    Associated British Foods said that pretax profit for the first half of fiscal 2018 fell 30% after the comparable figure was boosted by disposal proceeds.

  • Reuters - UK Focus2 months ago

    EU sugar companies struggle to survive as prices plunge post-quotas

    European Union sugar companies have emerged from the cocoon of production quotas and are now fighting to survive in a fiercely competitive world market with prices and profits plunging. The EU's largest sugar producer, Suedzucker (IOB: 0G7B.IL - news) , has said it expects to report an operating loss of 100 million to 200 million euros in its sugar segment in 2018/19 while its rivals are also struggling. "At the current price level, there is hardly a sugar company in Europe which can still produce at a break-even," a spokesman for the EU's number two producer Nordzucker said.

  • Forbes2 months ago

    1 FTSE 100 (And 1 FTSE 250) Growth Stock You Should Buy In April

    Fancy shopping for growth shares before the Easter break? Then take a look at these FTSE 100 and FTSE 250 shares that could make you a packet.

  • Reuters2 months ago

    Nestle, other food groups likely suitors for GSK's Horlicks - sources

    LONDON/NEW YORK (Reuters) - Food giants Nestle, Kraft Heinz and Unilever are expected to bid for GlaxoSmithKline's Horlicks health nutrition business, which could fetch more than $4 billion (£2.8 billion), according to people familiar with the matter. GSK has started a strategic review of Horlicks - a malt-based drink brand popular in India – and some of its smaller products, after buying Novartis out of their consumer healthcare venture for $13 billion on Tuesday. The main asset on the block is GSK's 72.5 percent stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare.

  • FTSE retreats as more drama hits UK retail
    Reuters2 months ago

    FTSE retreats as more drama hits UK retail

    British shares fell to a new 15-month low on Wednesday as Kingfisher (KGF.L) and Moss Bros (MOSB.L) piled more bad news on a UK retail industry reeling from the surge in e-commerce. Any end to the sustained squeeze on UK household incomes was not showing through in the retail industry on Wednesday, however. Formal clothing chain Moss Bros lost nearly a quarter of its market value after a profit warning it blamed on supply chain problems and fewer customers in its stores.

  • Reuters - UK Focus2 months ago

    FTSE retreats as more drama hits UK retail

    British shares fell to a new 15-month low on Wednesday as Kingfisher and Moss Bros piled more bad news on a UK retail industry reeling from the surge in e-commerce. Share declines accelerated after data ...

  • Reuters2 months ago

    Strong euro takes toll on Zara owner Inditex

    A stronger euro took its toll on Spanish retailer Inditex (ITX.MC) in its latest quarter, leading to lower profit margins at the owner of clothing chain Zara, while a cold snap dragged on sales of spring fashions at the start of its financial year. "Looking to the year ahead, we should not see a negative impact on margin at current exchange rates," Isla told a news conference in the company's headquarters in northern Spain. The shares closed up 4 percent at 25.24 euros.

  • Reuters - UK Focus2 months ago

    Strong euro takes toll on Zara owner Inditex

    A stronger euro took its toll on Spanish retailer Inditex (Amsterdam: IT6.AS - news) in its latest quarter, leading to lower profit margins at the owner of clothing chain Zara, while a cold snap dragged on sales of spring fashions at the start of its financial year. "Looking to the year ahead, we should not see a negative impact on margin at current exchange rates," Isla told a news conference in the company's headquarters in northern Spain. Inditex, the world's biggest fashion retailer by market value, is more affected by the strengthening euro than many European rivals because it sources a higher proportion of garments closer to home - rather than from, for example, Asian markets - allowing it to respond quickly to new trends.

  • FTSE lags European peers as miners weigh
    Reuters2 months ago

    FTSE lags European peers as miners weigh

    MILAN (Reuters) - The UK's top share index ended the session in positive territory on Thursday but lagged European peers as falling metal prices hit commodity stocks and a number of British blue chips ...

  • Reuters - UK Focus2 months ago

    Britain's FTSE lags European peers as miners weigh

    The UK's top share index ended the session in positive territory on Thursday but lagged European peers as falling metal prices hit commodity stocks and a number of British blue chips traded without entitlement ...

  • Reuters - UK Focus3 months ago

    Britain's FTSE inches up in choppy trade; miners fall

    The UK's top share index inched up in choppy trading on Thursday as falling metal prices hit heavyweight commodity stocks, although gains in defensive shares and an upgrade to AB Foods provided support. ...

  • MarketWatch3 months ago

    This gold guy managed $40 billion at BlackRock — but quit to run a farm instead

    Career changes are common, but what’s not is going from managing $40 billion in assets as a London fund manager to running your own farms. But that’s exactly what Graham Birch, a former BlackRock investment ...

  • MarketWatch3 months ago

    European stocks end higher as Wall Street extends its rally

    European stocks rose on Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street and as U.S. stocks extended their march higher.

  • FTSE starts week on firm footing as miners, AB Foods rise
    Reuters3 months ago

    FTSE starts week on firm footing as miners, AB Foods rise

    By Kit Rees LONDON (Reuters) - Britain's top share index rallied on Monday, shaking off last week's slight decline as firmer commodity stocks and Associated British Foods propped up the FTSE. The blue ...

  • Primark-owner AB Foods sees margin boost from weaker dollar​
    Reuters3 months ago

    Primark-owner AB Foods sees margin boost from weaker dollar​

    Associated British Foods said profit margins at its Primark business are set to benefit from the recent weakness of the U.S. dollar versus the pound, given that the fashion chain sources the majority of its goods in dollars from the Far East. Primark, which trades from about 350 stores in Britain, continental Europe and the United States accounts for about half of AB Foods' revenue and profit. AB Foods said Primark's operating margin in the first half of its 2017-18 financial year would be close to that of the previous year, with better buying terms virtually offsetting the adverse effect of the U.S. dollar exchange rate.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes