Associated British Foods PLC logo

Associated British Foods PLC

LSE:ABF (UK)   Ordinary Shares
£ 27.31 (+8.98%) Apr 23
18.23
P/B:
1.70
Market Cap:
£ 20.54B ($ 25.58B)
Enterprise V:
£ 23.04B ($ 28.69B)
Volume:
2.72M
Avg Vol (2M):
1.06M
Also Trade In:
Volume:
2.72M

Business Description

Associated British Foods PLC logo
Associated British Foods PLC
NAICS : 311999
ISIN : GB0006731235

Share Class Description:

LSE:ABF: Ordinary Shares
Description
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.