Whatco

ABF

Retail and food · United Kingdom

ABF owns Primark, a value clothing chain with 473 stores in 17 countries, plus food, ingredients, sugar and agriculture businesses including Twinings, Ovaltine and Kingsmill, and plans to demerge Primark from the Food businesses by December 2027.

What makes it different

A family charity controls ABF.

58.8%Held by Wittington InvestmentsSep 2025

The Garfield Weston Foundation owns most of Wittington, which holds a majority of ABF shares.

How big it is

How big is ABF?

£19.5BRevenueFY2025
473Primark stores2025
138,000Employees2025
How it makes money FY2025

Primark is nearly half of sales.

  • Retail49%£9.49B
  • Grocery21%£4.12B
  • Sugar11%£2.05B
  • Ingredients11%£2.04B
  • Agriculture8%£1.62B
How the business works

Sell value clothes. Make food and ingredients.

  1. 1Value clothing at Primark
  2. 2Branded groceries
  3. 3Yeast, ingredients, sugar

Each business decides locally, and ABF now plans to split Primark from the food businesses.

Who owns it
  • Controlling shareholders combined (Wittington, trustees of the Garfield Weston Foundation and concert-party family members)62.8%
  • Wittington Investments Limited (with Howard Investments Limited)58.8%

CEO: George Weston

Who it competes with
H&MIInditex (Zara)SheinNestleUnilever
Key moments
  1. 1935Garfield Weston founds Allied Bakeries
  2. 1958Garfield Weston Foundation set up
  3. 1964Acquires Twinings
  4. 1969Founds Primark in Dublin
  5. 1991Acquires British Sugar
Sources

Every number on this page comes from ABF's own reports.

Full profile

The rest of the story is in the app.

What ABF tracks22 metrics
Primark stores
Primark selling space
Primark countries of operation
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
Europe and Africa
United Kingdom
The Americas
The full timeline15 moments
1997
2006
2025
ABF vs H&Mside by side
Revenue
Profit
People
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