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Pin to quick picksAB Foods Share News (ABF)

Share Price Information for AB Foods (ABF)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 2,706.00
Bid: 2,706.00
Ask: 2,707.00
Change: 19.00 (0.71%)
Spread: 1.00 (0.037%)
Open: 2,701.00
High: 2,706.00
Low: 2,692.00
Prev. Close: 2,687.00
ABF Live PriceLast checked at -

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Tuesday preview: BoJ, ABF in the spotlight

Mon, 22nd Jan 2024 15:10

(Sharecast News) - Tuesday's market spotlight will be on the Bank of Japan.

Rate-setters in Tokyo are widely expected to stay put on policy, with the latest economic data "lending support to the idea that there is no rush to raise rates out of negative territory," said Michael Hewson, chief market analyst at CMC Markets UK.

In the U.S. meanwhile, investors would likely be focused on the televised debate in New Hampshire between the two remaining candidates to the Republican presidential nomination.

Also due out were preliminary results for manufacturing and services sector purchasing managers' surveys for the euro area, UK, and U.S. covering the month of January.

On the corporate agenda, Associated British Foods is scheduled to publish its first quarter results.

The Primark owner's shares had lost some momentum over the preceding few weeks, Hewson noted, amid worries that much of the good news might already be discounted in its price.

At the time of its full-year numbers, in November, ABF guided towards an increase in operating margins to over 10% in 2024 as inflation eased.

That was in conjunction to the announcement of a further £500m and a special dividend of 12.7p per share.

Tuesday 22 January

FINALS

Crest Nicholson Holdings, Watkin Jones

EGMS

SDIC Power Holdings Co.,Ltd GDR (Reg S)

AGMS

C4X Discovery Holdings , Goldplat, Marston's, Mitchells & Butlers

TRADING ANNOUNCEMENTS

Associated British Foods, Premier Foods

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

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29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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27 Jun 2023 08:57

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26 Jun 2023 10:37

Brokers eye upgrades for AB Foods following solid third quarter update

(Alliance News) - Associated British Foods PLC said on Monday that it now expects its full-year adjusted operating profit to be "moderately" ahead of last year, following a solid performance in its third quarter.

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26 Jun 2023 09:47

AB Foods raises profit outlook as Primark gets summer boost

Sees 2022-23 profit 'moderately ahead' of previous year

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26 Jun 2023 08:53

LONDON MARKET OPEN: Stocks down after Russia drama; Aston Martin jumps

(Alliance News) - Stock prices in London opened slightly lower on Monday morning, with risk sentiment dented follow an aborted mutiny in Russia at the weekend, which has stoked concerns about stability in the nuclear-armed country.

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26 Jun 2023 08:41

TOP NEWS: AB Foods raises full-year profit outlook amid strong trading

(Alliance News) - Associated British Foods PLC on Monday said it now expects its full year adjusted operating profit to be "moderately" ahead of last year amid a strong third quarter performance.

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26 Jun 2023 07:56

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

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26 Jun 2023 07:03

Primark Q3 sales up 13% on strong summer

(Sharecast News) - Third-quarter sales at discount fashion chain Primark grew 13%, driven by strong summer sales and higher prices as customers seek value for money amid the cost of living crisis, leading parent company Associated British Foods to lift annual guidance.

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23 Jun 2023 17:07

IN THE KNOW: AB Foods "fundamentally strong" with tailwinds on horizon

(Alliance News) - Associated British Foods is "a fundamentally strong business" with good future prospects, leading analysts to take "a positive stance on the group's equity" according to Shore Capital analysts Clive Black and Darren Shirley.

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20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

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19 Jun 2023 15:45

UK earnings, trading statements calendar - next 7 days

Tuesday 20 June 
Enteq Technologies PLCFull Year Results
Gear4Music PLCFull Year Results
IG Design Group PLCFull Year Results
Intercede Group PLCFull Year Results
SThree PLCTrading Statement
Monks Investment Trust PLCFull Year Results
Wednesday 21 June 
Berkeley Group Holdings PLCFull Year Results
Esken LtdFull Year Results
Halfords Group PLCFull Year Results
Liontrust Asset Management PLCFull Year Results
Thursday 22 June 
Alpha Financial Markets Consulting PLCFull Year Results
Cordiant Digital Infrastructure LtdFull Year Results
DS Smith PLCFull Year Results
First Property Group PLCFull Year Results
Manolete Partners PLCFull Year Results
Mulberry Group PLCFull Year Results
NCC Group PLCTrading Statement
Serco Group PLCTrading Statement
Speedy Hire PLCFull Year Results
Urban Logistics REIT PLCFull Year Results
Volex PLCFull Year Results
Whitbread PLCTrading Statement
XPS Pensions Group PLCFull Year Results
Friday 23 June 
Vianet Group PLCFull Year Results
Monday 26 June 
Associated British Foods PLCTrading Statement
Carnival PLCHalf Year Results
Polar Capital Holdings PLCFull Year Results
Rio Tinto PLCHalf Year Results
SysGroup PLCFull Year Results
  
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19 Jun 2023 14:13

UK's Next raises profit outlook on better weather, consumers' wage hikes

Second quarter sales up 9.3% year-on-year

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15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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15 Jun 2023 07:55

LONDON BRIEFING: Stocks set lower after US Fed decision, ahead of ECB

(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year.

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