Associated British Foods (ABF)

Sector:

Food

Index:

FTSE 100

2,447.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 2,514.00
  • 52 Week Low: 1,825.50
  • Currency: UK Pounds
  • Shares Issued: 752.16m
  • Volume: 518,472
  • Market Cap: £18,405m
  • RiskGrade: 161

AB Foods says input cost volatility has diminished

By Frank Prenesti

Date: Friday 09 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Associated British Foods maintained full-year guidance on Friday, saying it continued to expect further significant input cost inflation, but the volatility of input costs had diminished.
"We continue to expect the aggregate profit of our food businesses to be ahead of our last financial year," the Primark owner said ahead of its annual general meeting.

"At this early stage, Primark trading in this financial year has been encouraging. We are on track to open 27 new stores this financial year, ten of these opening in the run-up to Christmas, and to date we have opened six new stores, including one today in Angers, France," said chairman Michael McLintock.

"For the full year, we continue to expect significant growth in sales for the group, and adjusted operating profit and adjusted earnings per share to be lower than the previous financial year."

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Associated British Foods Market Data

Currency UK Pounds
Share Price 2,447.00p
Change Today 5.00p
% Change 0.20 %
52 Week High 2,514.00
52 Week Low 1,825.50
Volume 518,472
Shares Issued 752.16m
Market Cap £18,405m
RiskGrade 161

Associated British Foods Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.88% below the market average76.88% below the market average76.88% below the market average76.88% below the market average76.88% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
86.93% above the market average86.93% above the market average86.93% above the market average86.93% above the market average86.93% above the market average
64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average
Income
45.55% below the market average45.55% below the market average45.55% below the market average45.55% below the market average45.55% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
39.01% above the market average39.01% above the market average39.01% above the market average39.01% above the market average39.01% above the market average
76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 12
Sell 1
Strong Sell 0
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Associated British Foods Dividends

  Latest Previous
  Final Special
Ex-Div 14-Dec-23 14-Dec-23
Paid 12-Jan-24 12-Jan-24
Amount 33.10p 12.70p

Trades for 19-Apr-2024

Time Volume / Share Price
16:35 283,572 @ 2,447.00p
16:35 45 @ 2,447.00p
16:35 1,013 @ 2,447.00p
16:35 39 @ 2,447.00p
16:35 3,183 @ 2,447.00p

Associated British Foods Key Personnel

CEO George G Weston
Chair Michael McLintock
Finance Director Eoin Tonge

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