Associated British Foods PLC

Associated British Foods is an international food, ingredients and retail group. Co. operates in five segments: Grocery, which manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, and meat products; Sugar, which grows and processes sugar beet and sugar cane for sale to industrial users; Agriculture, which manufactures animal feeds and provides other products and services for the agriculture sector; Ingredients, which manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialities; and Retail, which buys and merchandises value clothing and accessories.
  • TickerABF
  • ISINGB0006731235
  • ExchangeLondon Stock Exchange
  • SectorFood Producers
  • CountryUnited Kingdom

Analysts

ASSOCIATED BRIT.FDS.PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of ASSOCIATED BRIT.FDS.PLC. (GB), a company active in the Food Products industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 26, 2019, the closing price was GBp 2,370.00 and its potential was estimated at GBp 2,561.30.

Associated Bristish Food – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

MarketLine Department

Greencore Group Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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Tata Global Beverages Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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Associated British Foods

Associated British Foods

Associated British Foods

Ioannis Pontikis

Stylish 1Q Trading Update for ABF With Primark Gaining Share in Tough U.K. Market; Shares Cheap

In Associated British Foods' first-quarter trading update for the 16 weeks to Jan. 5, revenue from continuing operations was up 2% in constant currency (1% at actual rates). Guidance for flat adjusted operating profit and adjusted earnings per share for the next year is unchanged. We maintain our no-moat rating and GBX 2,660 fair value estimate. Primark's outperformance continues with sales up 4% (at both constant and actual exchange rates) and profit well ahead, the latter due to currency gains...

Ioannis Pontikis

Strong Execution and Niche Primark Business Model Drive ABF's Prospects

Associated British Foods reported fiscal 2018 results for the 52 weeks to Sept. 15, with group revenue up 3% in constant currency and adjusted operating profit up 5%, broadly in line with our estimates. There were no big surprises in this report versus the company's preclose announcement in September. We maintain our no-moat rating and do not anticipate a material change to our GBX 2,660 fair value estimate as we roll our model forward to account for these results. In Primark, retail selling spa...

ASSOCIATED BRIT.FDS.PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of ASSOCIATED BRIT.FDS.PLC. (GB), a company active in the Food Products industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 26, 2019, the closing price was GBp 2,370.00 and its potential was estimated at GBp 2,561.30.

Associated British Foods

Associated British Foods

Associated British Foods

Associated British Foods

MarketLine Department

Greencore Group Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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MarketLine Department

Kerry Group plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Kerry Group plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Kerry Group plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Hig...

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Tate & Lyle PLC - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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Associated Bristish Food – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Associated British Foods - 2018, December 07th

Item 2: Approve the Remuneration Report The structure is not acceptable as the STI and LTI are equally weighted. Though 25% of the bonus is deferred, it is not subject to further performance conditions and is only held for one year. Additionally, alignment with performance has not been definitively demonstrated, as no bonus targets are disclosed. Finally, awarded amounts are high in relation to index and sector comparisons. Item 4: Re-elect as a director, Emma Adamo. The director is not independent as she is a member of the Weston family. The Garfield Weston Foundation controls Wittington I...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 08/12/2017

Item 2: Approve the Remuneration Report. The disclosure of the remuneration package is poor and alignment with performance has not been definitively demonstrated, as no bonus targets are disclosed.  The structure is not weighted more heavily towards short-term performance; the STI and LTI are equally weighted though 25% of the bonus is deferred.  Finally, awarded amounts are high in relation to index and sector comparisons. Item 4: Re-elect as a director, Emma Adamo. The director is affiliated due to a material business relationship with a significant shareholder.  In particular, she serves as...

Jérôme VINERIER

Short term view - ASSOCIATED BRITISH FOODS PLC : The trend is uncertain.

The trend is uncertain. Stochastics are at the overbought level. prices could fall again to 2,191.50 p.

Jérôme VINERIER

Analyse court terme - ASSOCIATED BRITISH FOODS PLC : La tendance est incertaine.

La tendance est incertaine. Les Stochastiques sont en zone de surachat. Les cours pourraient se replier jusqu'à 2 191,50 p.

Matthieu DRIOL

Analyse moyen terme - ASSOCIATED BRITISH FOODS PLC : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 1 857,00 p, puis 1 688,00 p. Le franchissement de 2 894,00 p remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - ASSOCIATED BRITISH FOODS PLC : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 2,400.00 p. The next target is at 2,043.00 p, then 1,856.80 p. Passing 2,483.00 p would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - ASSOCIATED BRITISH FOODS PLC : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 2 400,00 p prochainement. Le prochain objectif est à 2 043,00 p, puis 1 856,80 p. Le franchissement de 2 483,00 p remettrait en cause la suite de la baisse.

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