ABF Trading Update

Summary by AI BETAClose X

Associated British Foods plc reported revenue for the 16 weeks to 3 January 2026, with group revenue of £6,759 million, showing a 1% increase at actual currency and a 1% decrease at constant currency, largely in line with previous estimates. The Retail segment achieved revenue of £3,502 million, up 4.2% at actual currency, while Grocery revenue was £1,385 million, remaining in line. Ingredients revenue declined 2.9% to £667 million, Sugar revenue fell 4.3% to £675 million, and Agriculture revenue decreased 4.1% to £521 million. Primark's total sales grew 1% to £6,759 million, with the UK and Ireland contributing 45% of sales and the US showing a strong 12% growth.

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