Associated British Foods Reports 2025/26 Financial Results and Restructuring Plans

Associated British Foods reported 2025/26 revenue of £19.6bn, down 1%, and adjusted operating profit of £1.51bn, down 14%; it forecast further declines in profit and EPS in 2026/27, citing sugar-business challenges and weaker US demand. The company will stop beet processing at its Cantley site in 2027, reducing its UK sugar facilities from four to three and incurring £80m in impairment and restructuring charges. Its planned separation of Primark from its food businesses remains on track for completion in December 2027. ABF proposed a final dividend of 42.3p, keeping the annual dividend at 63.0p per share, and completed £253m in share buybacks.