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Associated British Foods
Associated British Foods (ABF) investor relations material
Associated British Foods Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary22 Jan, 2026
Executive summary
Group revenue for the 16 weeks to 3 January 2026 was £6,759m, in line with estimates and up 1% at constant currency compared to the prior year.
Retail segment revenue rose 4.2% at actual currency and 1.5% at constant currency year-over-year.
Grocery segment revenue was in line with estimates, up 0.7% at actual currency and 1% at constant currency.
Financial highlights
Ingredients revenue declined 2.9% at actual currency and 2.1% at constant currency year-over-year.
Sugar revenue fell 4.3% at actual currency and 6.9% at constant currency year-over-year.
Agriculture revenue decreased 4.1% at both actual and constant currency year-over-year.
Group revenue includes £9m from disposed and closed businesses, down from £46m in the prior year.
Segment performance
Primark (Retail) like-for-like sales grew 1.7%, with total sales up 3% year-over-year.
UK and Ireland accounted for 49% of Primark sales, with UK only at 45%, Europe (excluding UK and Ireland) at 6%, and US at 1%.
Primark sales in the US grew 12%, while Europe (excluding UK and Ireland) declined 5.7%.
Explain Sugar revenue miss vs. estimate
Primark market growth divergence analysis
Impact of currency tailwind on Group revenue
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Associated British Foods
- Sugar profits to fall in FY25, but growth, margin gains, and buybacks continue.ABF
Trading Update22 Jan 2026 - Adjusted operating profit up 38% on 4% revenue growth, with strong cash and shareholder returns.ABFH2 202416 Jan 2026
- Lower profit and EPS expected as retail and food segments face weak demand and higher markdowns.ABFTrading Update12 Jan 2026
- Primark's international growth and margin resilience offset UK softness; 2025 outlook positive.ABFTrading Update9 Jan 2026
- Adjusted profit fell 10% as Sugar losses offset Retail and Ingredients growth; outlook steady.ABFH1 202529 Nov 2025
- Revenue and profit declined, but investments and shareholder returns remained strong.ABFH2 20254 Nov 2025
- Resilient H2 with UK, Ireland, and US gains; sugar losses persist, Hovis synergies expected.ABFQ4 2025 TU10 Sep 2025
- Vivergo may close amid regulatory issues, while Sugar business guidance for 2025 is unchanged.ABFTrading Update14 Jul 2025
Next Associated British Foods earnings date
H1 202621 Apr, 2026
Associated British Foods
Next Associated British Foods earnings date
H1 202621 Apr, 2026
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
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@theshortbearx.com
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