3 Followers LSE:ABF - Associated British Foods PLC Associated British Foods PLC
Sector: Consumer Staples, Industry: Packaged Foods & Meats
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GBX 2,394    +25 (+1.06%)

17 Apr 2024


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General

CEO: Mr. George Garfield Weston

Headquarters: GB

Employees: 133,000

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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.

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