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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Associated British Foods Plc | LSE:ABF | London | Ordinary Share | GB0006731235 | ORD 5 15/22P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 3.00 | 0.14% | 2,159.00 | 24,623 | 08:21:09 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 2,156.00 | 2,158.00 | 2,165.00 | 2,130.00 | 2,157.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Textile Goods, Nec | 20.07B | 1.46B | 1.9579 | 11.01 | 16.02B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:20:58 | O | 200 | 2,156.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 20/11/2024 | 17:38 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 19/11/2024 | 17:38 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 18/11/2024 | 17:27 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 15/11/2024 | 17:37 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 14/11/2024 | 17:46 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 13/11/2024 | 17:34 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 12/11/2024 | 17:59 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 11/11/2024 | 17:41 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 08/11/2024 | 17:39 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
| 07/11/2024 | 17:40 | UK RNS | Associated British Foods PLC Transaction in Own Shares |
Associated British Foods (ABF) Share Charts1 Year Associated British Foods Chart |
|
1 Month Associated British Foods Chart |
Intraday Associated British Foods Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2024 | 17:53 | Associated British Foods | 3,354 |
| 13/4/2019 | 07:56 | Associated British Foods (ABF) One to Watch on Thursday | 1 |
| 23/9/2016 | 17:45 | Analysts' View - Associated British Foods (ABF) | - |
| 01/3/2016 | 20:50 | Associated British Foods PLC _ ACTIVE INVESTORS CLUB (ABF.L) | - |
| 09/9/2014 | 16:32 | AB Foods (ABF): Possible Head & Shoulders reversal | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:20:58 | 2,156.50 | 200 | 4,313.00 | O |
| 08:20:18 | 2,160.00 | 153 | 3,304.80 | O |
| 08:20:18 | 2,159.00 | 201 | 4,339.59 | AT |
| 08:20:18 | 2,159.00 | 39 | 842.01 | AT |
| 08:20:18 | 2,160.00 | 42 | 907.20 | AT |
| Top Posts |
|---|
Posted at 18/11/2024 09:59 by essentialinvestor ABF sold on an earnings multiple over 30 X at one point, peaked around 34 X - that was more than.. it's full potential.The big recent strategy change is buybacks, which have the potential to drive longer term returns, as per Next. |
Posted at 17/11/2024 15:48 by suetballs This share ticks most boxes for me but never seems to reach its full potential share price wise. Primark has had a lot of knockers over the years but still is a great brand.I can wait patiently for £30. Suet |
Posted at 15/11/2024 15:10 by essentialinvestor Phil, the current price looks a steal, barring something leftfield - another pandemic, etc.That being said, the market appears to want ABF lower down. |
Posted at 17/10/2024 07:11 by supersonico 'we recognise the need to support more sustainable farm management practices'.Our Group ESG governance The Board has overall responsibility for the general oversight of ESG factors across ABF. It reviews each business segment every year, including a review of ESG issues Agriculture and farming practices ABF is a diversified group, with a wide range of food and ingredients businesses as well as our retail brand, Primark. Our businesses depend upon agricultural systems for most of the raw materials we use in our products, and we recognise the need to support more sustainable farm management practices. We have a strong association with the UK agricultural sector, where our businesses collectively form the largest end-to-end food producer. Globally, we are also a significant purchaser of cotton, sugar beet, sugar cane, tea and cereals. |
Posted at 24/9/2024 21:59 by clive7878 ABF after full year result could be on a pe of 12.8 which will prove steady growth for the year, maybe even on a slightly lower pe. Share price should be a touch higher. I expect Primark to do well. |
Posted at 07/9/2024 10:40 by essentialinvestor Just for some context, the ABF share price hit amulti year low this time 2 years ago. Even with this week's fall, the share price has doubled from the September 2022 low point. |
Posted at 06/9/2024 16:55 by philanderer Almost hit Deutsche's target alreadyPrimark owner ABF hit again as Deutsche cuts forecasts. Primark owner Associated British Foods PLC (LSE:ABF) faced a blow on Friday morning as Deutsche Bank wound down expectations after the firm's own warning on Thursday. ABF’s update had shown Primark sales down on a like-for-like basis over the first half of the year, while profits from its sugar business were lower than expected. “Investors were already cautious on the weak Primark [...] performance but this remains the main ongoing cause for investor uncertainty on the stock,” Deutsche said in a note. A ‘sell’ rating was reiterated as a result, with Deutsche also winding down pre-tax earnings forecasts for the coming three years. The bank’s share price target for ABF was cut too, from 2,190p to 2,130p. “We need to see more evidence of a recovery in Primark like-for-like, otherwise we believe they will need to invest more into the brand to deliver a sales uplift,” Deutsche added. proactiveinvestors.c |
Posted at 31/5/2024 09:45 by philanderer Today's fallResult of placing of ordinary shares in Associated British Foods PLC Howard Investments Limited ("Howard"), a wholly owned subsidiary of Wittington Investments Limited ("Wittington") has agreed to sell approximately 10.3 million ordinary shares (representing approximately 1.4% of the issued share capital) in Associated British Foods PLC ("ABF") to institutional investors by way of an accelerated bookbuild process (the "Placing") at a price of 2,550 pence per ordinary share, raising gross proceeds of approximately £262 million. Following completion of the Placing, the combined shareholding of Wittington and Howard in ABF is expected to be approximately 56.1%. Once the remainder of the £500 million share buyback programme announced by ABF with its last full year results in November 2023 (the "FY24 Buyback") has completed, the combined shareholding is expected to be broadly in line with its level prior to the commencement of the FY24 Buyback, which was 56.4%. Wittington has agreed that neither it nor Howard will sell any further shares in ABF for the remainder of ABF's current financial year ending 14th September 2024 without the consent of UBS AG, London Branch ("UBS"). Wittington is committed to maintaining a majority stake in ABF. UBS acted as Bookrunner in connection with the Placing. |
Posted at 22/11/2023 16:55 by philanderer Associated British Food price target upgrade underpinned by strong fundamentals, says investment bankLiberum, the investment bank, has upgraded its price target for Associated British Foods PLC (LSE:ABF) from £24 to £28 per share, maintaining a 'buy' recommendation reflecting its confidence in ABF's strong trading performance and its effective capital return strategy. Since upgrading to buy in June, Liberum said ABF has registered an 11% increase in earnings per share (EPS), with 8% coming from enhanced trading activities and 3% from strategic share buybacks. It notes that ABF's commitment to shareholder value is further evidenced by its announcement of an additional £500 million share buyback program and a special dividend of 12.7p per share, amounting to approximately £100 million. The bank also highlights that ABF's capital allocation framework is designed to facilitate cash returns to shareholders when leverage, including lease liabilities, is below one-times. ABF's current leverage ratios are well within this limit. Liberum points out that the positive trading outlook for ABF is supported by various factors, including margin tailwinds, capital release in Primark, strong growth in the Sugar segment, and lower inflation across the group. In the Sugar sector, Liberum forecasts a significantly brighter outlook for the fiscal year 2024, driven by high sugar prices, reduced energy costs, and a normal crop season, which are expected to boost profits at British Sugar and Azucarera. Additionally, Vivergo is projected to reach a break-even point after substantial losses in the past two years, as per Liberum's analysis. The £500 million buyback program and the special dividend, as Liberum observes, reflect management’s confidence in ABF's future free cash flow (FCF) generation. Liberum estimates that ABF has the capacity to sustain such levels of cash returns regularly. In the Retail division, Liberum forecasts a return to approximately a 12% earnings before interest and taxes (EBIT) margin from 8% in the fiscal year 2023, aided by price increases, favourable foreign exchange impacts, and reductions in input and freight costs. Liberum also anticipates benefits from operating leverage and automation in future years. Finally, the bank expects ABF to deliver a 5.9% free cash flow yield on its current market capitalisation in the fiscal year 2024, compared to 2.2% in the fiscal year 2023. The company's shares are currently trading at a price-to-earnings (PE) multiple of 12.8 times and an enterprise value to earnings before interest, taxes, depreciation, and amortisation (EV/EBITDA) multiple of 7.0 times for the fiscal year 2024. This valuation, according to Liberum, represents a circa 30% discount to the 10-year average multiples, indicating a significant upside potential for investors and justifying the increased price target and 'buy' stance. proactiveinvestors.c |
Posted at 24/3/2022 13:22 by cashisking76 ABF share price is now too cheap to ignore and is clearly way too oversold at the moment, hence, just bought in here and joined the ABF party today, will certainly continue to add more at these depressed oversold levels, GLA. |
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