ASSOCIATED BRITISH FOODS PLC ORD 5 15/22P

Symbol: ABF

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Overview

Core Data
Latest Dividend Information

Ex-Dividend Date 30 May 2024
Pay Date 5 Jul 2024
Total Dividends - Year to Date53.8
Dividend Yield (%)2.003

Historical Data & Ratios

Avg Volume Over 10 Days1.3024
Market Cap (M)20196.9600
Price/Earnings (PE)17.3739
Earnings Per Share154.6
Revenue Per Share25.3856
Return on Equity %9.2631

1 Month Performance Chart

One Month Chart

Broker View
Data shown is based on the past 75 days of broker views.

ActionBrokers

Strong Buy2

Buy4

Neutral12

Sell0

Strong Sell0

Brokers 2 4 12 0 0
Consensus

ConsensusNeutral

Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
N/A N/A
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Charts

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      Company

      Business Summary

      Associated British Foods PLC is a diversified company, with a range of food and ingredients businesses. The Company’s segments include Grocery, Ingredients, Agriculture, Sugar, and Retail. Grocery segment is engaged in the manufacture of grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods and meat products, which are sold to retail, wholesale and foodservice businesses. Ingredients segment is engaged in the manufacture of baker's yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialties. Agriculture segment is engaged in the manufacture of animal feeds and the provision of other products and services for the agriculture sector. Sugar segment is engaged in growing and processing of sugar beet and sugar cane for sale to industrial users. Retail segment is engaged in buying and merchandising value clothing and accessories through the Primark and Penney's retail chains.

      Financial Summary

      BRIEF: For the 24 weeks ended 02 March 2024, Associated British Foods plc revenues increased 2% to £9.73B. Net income increased 26% to £663M. Revenues reflect Retail segment increase of 6% to £4.5B, Grocery segment increase of 1% to £2.12B, Europe & Africa segment increase of 6% to £3.72B, The Americas segment increase of 2% to £1.25B, Retail Sales - Total increase of 6% to £4.5B.

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      16/09/2023

      17/09/2022

      18/09/2021

      12/09/2020

      14/09/2019

      15/09/2018

      Total Revenue 19,750.00 16,997.00 13,884.00 13,937.00 15,824.00 15,574.00
      Gross profit 4,163.00 3,778.00 3,131.00 3,137.00 3,637.00 3,584.00
      Operating Profit/Loss 1,380.00 1,155.00 828.00 796.00 1,188.00 1,310.00
      Profit Before Tax 1,340.00 1,076.00 725.00 686.00 1,173.00 1,279.00
      Profit After Tax 1,068.00 720.00 498.00 465.00 896.00 1,022.00
      Equity Holders of Parent Company 1,044.00 700.00 478.00 455.00 878.00 1,007.00
      Minority Interest 76.00 86.00 63.00 74.00 80.00 70.00


      Balance Sheet - All values are in GBP (M).

      Year Ending

      16/09/2023

      17/09/2022

      18/09/2021

      12/09/2020

      14/09/2019

      15/09/2018

      Total Non-Current Assets 12,105.00 11,941.00 10,790.00 10,916.00 8,164.00 8,407.00
      Total Current Assets 6,739.00 7,834.00 6,105.00 5,753.00 5,596.00 5,285.00
      Total Assets 18,844.00 19,775.00 16,895.00 16,669.00 13,760.00 13,692.00
      Total Liabilities 7,651.00 8,221.00 6,891.00 7,230.00 4,210.00 4,396.00
      Total Net Assets 11,193.00 11,554.00 10,004.00 9,439.00 9,550.00 9,296.00
      Shareholders Funds 11,093.00 11,448.00 9,921.00 9,355.00 9,452.00 9,211.00
      Minority Interests 76.00 86.00 63.00 74.00 80.00 70.00
      Total Equity 11,193.00 11,554.00 10,004.00 9,439.00 9,550.00 9,296.00

      Outlook

      Broker View
      Data shown is based on the past 75 days of broker views.

      ActionBrokers

      Strong Buy2

      Buy4

      Neutral12

      Sell0

      Strong Sell0

      Brokers 2 4 12 0 0
      Consensus

      ConsensusNeutral

      Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.

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      Forecasts

      Year 2024 2025 2026
      Revenue £20,693.30mn £21,590.80mn £22,517.20mn
      Pre-tax-Profit £1,860.04mn £1,983.91mn £2,105.47mn
      EPS £1.79p £1.94p £2.06p
      EPS Growth 26.51% 7.87% 6.65%
      P/E 13.66 12.69 11.86
      PEG Ratio 0.52 1.61 1.78
      Dividend 61.92p 67.10p 72.43p
      Yield 0.00% 0.00% 0.00%

      Upgrades & Downgrades (Latest)

      DateBrokerRecommendationPriceOld TargetNew TargetChange
      18th Apr 2024Shore CapitalReiteration2442p0p0pBuy
      14th Dec 2023JP Morgan CazenoveReiteration2390p0p1875pNeutral
      13th Sep 2023JP Morgan CazenoveReiteration2085p0p1875pNeutral
      12th Sep 2023Shore CapitalReiteration2108p0p0pBuy
      18th Jul 2023JP Morgan CazenoveReiteration2103p0p0pNeutral
      23rd Jun 2023Shore CapitalReiteration1953p0p0pBuy
      22nd Jun 2023JP Morgan CazenoveReiteration1936p0p1850pNeutral
      13th Jun 2023CitigroupReiteration1869p0p2000pNeutral
      6th Jun 2023Shore CapitalReiteration1840p0p0pBuy
      16th May 2023RBC Capital MarketsUpgrade1903p2150p2250pOutperform

      Time & Sales

      Sorry, sales information on this investment is not available at this time.

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      Investment involves risk. You may get back less than invested.