Streetbeat News

ASBFY

Associated British Foods plc

https://www.abf.co.uk/

CEO

George Weston

Open

23.70

Mkt cap

17B

Volume

900

High

23.92

P/E Ratio

9.75

52-wk high

35.26

Low

23.60

Div yield

0.03

52-wk low

23.60

Associated British Foods (ASBFY) is experiencing improved business fundamentals and trades at a significant discount, despite a potentially disappointing close to 2024. The company's attractive dividend is expected to grow in the coming years.

Portfolio Pulse from

November 28, 2024 | 5:45 pm

Associated British Foods plc (ASBFY) held its Q4 2024 earnings call, discussing the full year results for the period ending September 14, 2024. The call included participation from key company executives and various financial analysts.

Portfolio Pulse from

November 10, 2024 | 1:45 pm

Associated British Foods reported a 32% increase in full-year profit, driven by strong performances in its grocery division and Primark clothing business. However, the outlook is tempered by challenges in its sugar operations.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Primark, a budget clothing retailer, is anticipating strong sales leading up to Christmas, according to the CEO of its parent company.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

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