Associated British Foods PLC

AFO2

Company Profile

  • Business description

    Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.

  • Contact

    10 Grosvenor Street
    Weston Centre
    LondonW1K 4QY
    GBR

    T: +44 2073996500

    E: [email protected]

    https://www.abf.co.uk

  • Sector

    Consumer Defensive

    Stock type

    Defensive

  • Industry

    Packaged Foods

    Fiscal Year End

    31 August 2027

    Employees

    138,000

Stocks News & Analysis

stocks

Weight loss drugs not an existential threat to undervalued ASX share

A durable growth story despite GLP-1 headwinds.
stocks

Tesla: valuation is key consideration in merger talks with SpaceX

We see regulatory risk from both the US and Chinese governments.
stocks

ASX data center shares remain cheap after downgrade

Near-term pain, long-term potential.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,926.6020.800.23%
CAC 407,847.3264.500.83%
DAX 4025,410.84229.190.91%
Dow JONES (US)52,361.58146.420.28%
FTSE 10010,767.3376.970.72%
HKSE23,211.81118.440.51%
NASDAQ26,169.38214.040.82%
Nikkei 22562,189.65503.51-0.80%
NZX 50 Index13,701.8832.05-0.23%
S&P 5007,676.7753.090.70%
S&P/ASX 2008,809.9014.700.17%
SSE Composite Index3,697.527.040.19%

Market Movers