Business
ABF Trading Update
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. Disclaimer*
About this update from Associated British Foods Plc
[{"type":"text","content":"\n\n \n \n\n22 January 2026\nTrading Update\nAssociated British Foods plc (ABF) is today reporting revenue for the 16 weeks to 3 January 2026, following the estimates published on 8 January 2026.\nGroup\nThe following table sets out revenue by business segment for the period in comparison to the estimates previously provided, and to same period in the prior year.\n \n\n\n\n\n\n\n\n \n\n\n \n\n\n Estimate at\n 8 January 2026\n\n\n \n\n\nEstimate at\n 8 January 2026\n\n\n\n\nRevenue\n\n\n16 weeks to 3 Jan\n£m\n\n\nChange at actual\ncurrency\n\n\nChange at actual\ncurrency\n\n\nChange at constant\ncurrency\n\n\nChange at constant\ncurrency\n\n\n\n\nRetail\n\n\n3,502\n\n\n+4.2%\n\n\n+4%\n\n\n+1.5%\n\n\n+1%\n\n\n\n\nGrocery\n\n\n1,385\n\n\nIn line\n\n\nIn line\n\n\n+0.7%\n\n\n+1%\n\n\n\n\nIngredients\n\n\n667\n\n\n(2.9)%\n\n\n(3)%\n\n\n(2.1)%\n\n\n(2)%\n\n\n\n\nSugar\n\n\n675\n\n\n(4.3)%\n\n\n(2)%\n\n\n(6.9)%\n\n\n(5)%\n\n\n\n\nAgriculture\n\n\n521\n\n\n(4.1)%\n\n\n(4)%\n\n\n(4.1)%\n\n\n(4)%\n\n\n\n\nGroup[1]\n\n\n6,759\n\n\nIn line\n\n\n+1%\n\n\n(0.9)%\n\n\n(1)%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nPrimark\nThe following table sets out revenue by market for the period in comparison to the same period in the prior year. There is no change from the estimates provided on 8 January 2026.\n \n\n\n\n\nMarket\n\n\nPercentage of total sales\n\n\nLike-for-like sales growth\n\n\nTotal sales growth\n\n\n\n\nUK only\n\n\n\n\n\n+1.7%\n\n\n+3%\n\n\n\n\nUK and Ireland\n\n\n45%\n\n\n+1.1%\n\n\n+2%\n\n\n\n\nEurope (excluding UK and Ireland)\n\n\n49%\n\n\n(5.7)%\n\n\n(1)%\n\n\n\n\nUS\n\n\n6%\n\n\n\n\n\n+12%\n\n\n\n\nPrimark\n\n\n \n\n\n(2.7)%\n\n\n+1%\n\n\n\n\n \nABF is scheduled to announce its interim results for the 24 weeks to 28 February 2026 on 21 April 2026.\n \nFor further information please contact:\nAssociated British Foods:\n+44 20 7399 6545\nJoana Edwards, Interim Finance Director\nLucinda Baker, Head of Investor Relations\nJoe Carberry, Corporate Affairs Director\n \nCitigate Dewe Rogerson:\n+44 20 7638 9571\nJos Bieneman Tel: +44 7834 336650\nSabine Pirone Tel: +44 7903 847557\n\n\n\n\n[1] This includes revenue of £9m from disposed and closed businesses (2025: £46m)\n\n\n\n\n","length":14931,...