Associated British Foods Plc - Company Profile
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Business Description
Associated British Foods Plc (ABF) is a diversified group that carries out the business of food, ingredients and retailing. The company has operations in over 55 countries and had customers in more than 100 countries.
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R&D Overview
ABF's R&D arm focuses on development of new products and improvement of existing products. The company operates the Allied Technical Centre in the UK. It also has R&D facilities at ACH Food Companies in the US, Global Technology Centre in the Netherlands, AB Mauri in Australia and the Netherlands, pilot plant in Finland and AB Enzymes in Germany. These centers support technical resources of trading divisions that assist in the search for new technology and in monitoring and maintaining food safety and quality. In FY2023, the company incurred a total expenditure of GBP42 million on R&D, which as a percentage of revenue, stood at 0.2%.
Business Segments
Overview
Manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts and cereal specialties. Supplies a range of ingredients to various food and non-food manufacturers.
Performance
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Overview
Sells value clothing and accessories through Primark and Penneys retail chains. Perform operations in the UK, Spain, Germany, France, Republic of Ireland, the Netherlands, the US, Italy, Belgium, Portugal, Austria, Poland, Czechia, Romania, Slovenia, and Slovakia.
Performance
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Overview
Sells sugar, biofuels, specialty products sugar beet and sugar cane to industrial users and to its subsidiary, Silver Spoon. Produces most of its sugar and sugar derived co-products from its wholly owned subsidiary, AB Sugar. AB Sugar has operations in southern Africa, the UK, Spain, and Northeast China.
Performance
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Overview
Offers animal feed, speciality ingredients, supplements, nutrition and technology related products and services for farms, feed manufacturers, food producers and retailers. Performs operations through its subsidiary, AB Agri.
Performance
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Overview
Manufactures and offers products such as hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, herbs and spices, ethnic foods and meat products. Sells to retail, wholesale and food service businesses. Major grocery brands include Twinings, Acetum, Allied Bakeries, ACH Foods, AB World Foods, AB Sports Nutrition, Ovaltine, Silver Spoon, Billington's, Jordans, Kingsmill, Westmill Foods, Ryvita, Tip Top, Patak's, Blue Dragon, Mazola, Capullo and Don.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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