OverviewSuggest Edit

Associated British Foods is a diversified international food, ingredients and retail group. Its ingredients division is the producer of sugar and baker's yeast as well as other ingredients including emulsifiers, enzymes and lactose. Its grocery division is a manufacturer of both branded and private label grocery products and includes the brands Mazola, Ovaltine, Ryvita, Jordans and Twinings. Its retail division, Primark, is a clothing and accessories retailer.

TypePublic
Founded1935
HQLondon, GB
Websiteabf.co.uk
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2018)137,014(+4%)
Revenue (FY, 2018)£15.6 B(+2%)
Share Price (May 2020)£1.8 K(-2%)

Key People/Management at Associated British Foods

John Bason

John Bason

Finance Director
Michael McLintock

Michael McLintock

Chairman
George Weston

George Weston

Chief Executive
Emma Adamo

Emma Adamo

Non-Executive Director
Ruth Cairnie

Ruth Cairnie

Independent Non-Executive Director
Graham Allan

Graham Allan

Independent Non-Executive Director
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Associated British Foods Office Locations

Associated British Foods has an office in London
London, GB (HQ)
10 Grosvenor St
Show all (1)

Associated British Foods Financials and Metrics

Associated British Foods Revenue

Associated British Foods's revenue was reported to be £15.57 b in FY, 2018 which is a 1.4% increase from the previous period.
GBP

Revenue (FY, 2018)

15.6b

Revenue growth (FY, 2017 - FY, 2018), %

1.4%

Gross profit (FY, 2018)

1.3b

Gross profit margin (FY, 2018), %

8.2%

Net income (FY, 2018)

1.0b

EBITDA (FY, 2018)

1.9b

EBIT (FY, 2018)

1.3b

Market capitalization (29-May-2020)

14.4b

Closing stock price (29-May-2020)

1.8k

Cash (15-Sept-2018)

1.4b

EV

13.5b
Associated British Foods's current market capitalization is £14.4 b.
Annual
GBPFY, 2016FY, 2017FY, 2018

Revenue

13.4b15.4b15.6b

Revenue growth, %

5%15%1%

Cost of goods sold

11.8b14.3b

Gross profit

3.6b1.3b
Half Year
GBPH1, 2018

Revenue

7.4b

EBIT

618.0m

EBIT margin, %

8%

Interest expense

25.0m
Annual
GBPFY, 2017FY, 2018

Cash

1.6b1.4b

Accounts Receivable

1.0b1.1b

Prepaid Expenses

177.0m

Inventories

2.1b2.2b
Half Year
GBPH1, 2018

Cash

887.0m

Inventories

2.3b

Current Assets

4.7b

PP&E

5.6b
Annual
GBPFY, 2017FY, 2018

Net Income

1.0b

Depreciation and Amortization

571.0m

Inventories

(40.0m)

Accounts Payable

168.0m
Half Year
GBPH1, 2018

Depreciation and Amortization

261.0m

Inventories

(128.0m)

Accounts Payable

(284.0m)

Cash From Operating Activities

325.0m
GBPY, 2018

EV/EBITDA

7 x

EV/EBIT

10 x

EV/CFO

9.4 x

Revenue/Employee

117.5k

Financial Leverage

1.5 x
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Associated British Foods Operating Metrics

Associated British Foods's Stores was reported to be 352 in H1, 2018.
H1, 2014FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018

Countries

47 48 50 50

Plants

31 29 24 24

Stores

269 278 287 293 299 315 329 345 352

Sugar Produced, tonnes

3.60 m3.50 m2.86 m
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Associated British Foods Acquisitions / Subsidiaries

Company NameDateDeal Size
LittlewoodsJuly 01, 2005

Associated British Foods Revenue Breakdown

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Associated British Foods revenue breakdown by business segment: 22.1% from Grocery, 14.2% from Sugar, 7.9% from Agriculture, 9.8% from Ingredients and 46.1% from Retail

Associated British Foods revenue breakdown by geographic segment: 37.3% from United Kingdom, 10.0% from The Americas, 38.3% from Europe & Africa and 14.4% from Asia Pacific

Associated British Foods Online and Social Media Presence

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Associated British Foods News and Updates

Associated British Foods slump as stores representing 30% of Primark sales are closed

Associated British Foods shares slumped over 12% in mid-morning London trade as the company said Primark stores accounting for 30% of its sales are now closed in Italy, France, Spain and Austria. The remainder of the estate, including the UK which represents 41% of sales, has seen like-for-like sal…

Herbal Tea 2019 Global Market Key Players - Numi, Associated British Foods, Unilever, Tata Global Beverages, Alvita-Analysis And Forecast To 2026

Wiseguyreports.Com Adds “Herbal Tea – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Associated British Foods weakens after holding outlook for flat EPS

Associated British Foods fell in early trade after releasing its trading update for the 52 weeks ending Sept. 14. The company kept its full-year outlook, saying adjusted EPS is expected to be in line with last year. It reported "strong" performance in its Primark and Grocery units but a decline in …

World Tea Market Analysis & Forecast 2019-2024 with Profiles on Leading Players: Tata Global Beverages, Unilever, Associated British Foods, Taetea, and Barry's Tea

DUBLIN, July 4, 2019 /PRNewswire/ -- The "Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global tea market reached a volume of 6.2 Million Tons in 2018, registering a CAGR of...

Bread and Roll Global Market 2018: Key Players – Associated British Foods, Almarai, Barilla Group, Grupo Bimbo, Goodman Fielder

Wiseguyreports.Com adds “Bread and Roll Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Emulsifier Market 2018 Global Analysis By Key Players – Cargill, Ajinomoto, Associated British Foods, Koninklijke DSM, J.M. Huber, BASF SE

WiseGuyReports.Com Publish a New Market Research Report On –“ Emulsifier Market 2018 Global Analysis By Key Players – Cargill, Ajinomoto, Associated British Foods, Koninklijke DSM, J.M. Huber, BASF SE”. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Associated British Foods Frequently Asked Questions

  • When was Associated British Foods founded?

    Associated British Foods was founded in 1935.

  • Who are Associated British Foods key executives?

    Associated British Foods's key executives are John Bason, Michael McLintock and George Weston.

  • How many employees does Associated British Foods have?

    Associated British Foods has 137,014 employees.

  • What is Associated British Foods revenue?

    Latest Associated British Foods annual revenue is £15.6 b.

  • What is Associated British Foods revenue per employee?

    Latest Associated British Foods revenue per employee is £113.7 k.

  • Who are Associated British Foods competitors?

    Competitors of Associated British Foods include Sainsbury's, Weis Markets and Uhrenholt.

  • Where is Associated British Foods headquarters?

    Associated British Foods headquarters is located at 10 Grosvenor St, London.

  • Where are Associated British Foods offices?

    Associated British Foods has an office in London.

  • How many offices does Associated British Foods have?

    Associated British Foods has 1 office.