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Associated British Foods PLC Fundamentals

Company NameAssociated British Foods PLCLast Updated2024-07-22
IndustryPackaged FoodsSectorConsumer Defensive
Shares in Issue741.383 mMarket Cap£18.39 bn
PE Ratio16.21Dividend per Share£0.44
Dividend Yield2.15Dividend Cover3.04
EPS£1.34EPS Growth (%)0.33
PEG1.09DPS Growth (%)0.2857
Debt Ratio0.2008Debt Equity Ratio0.2935
Asset Equity Ratio1.6785Cash Equity Ratio0.1136
Quick Ratio0.8322Current Ratio1.79
Price To Book Value1.6770ROCE0

Associated British Foods PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Interim2024-05-302024-07-05GBP0.2070
Prelim2023-12-142024-01-12GBP0.3310
Interim2023-06-012023-07-07GBP0.1420
Prelim2022-12-152023-01-13GBP0.2990
Interim2022-06-092022-07-08GBP0.1380
Prelim2021-12-162022-01-14GBP0.2050

Associated British Foods PLC Company Financials

Assets202320222021
Tangible Assets£8.07 bn£8.01 bn£7.89 bn
Intangible Assets£1.87 bn£1.87 bn£1.58 bn
Investments£426.00 m£415.00 m£361.00 m
Total Fixed Assets£12.11 bn£11.94 bn£10.79 bn
Stocks£3.31 bn£3.36 bn£2.24 bn
Debtors£1.57 bn£1.56 bn£1.22 bn
Cash & Equivalents£1.46 bn£2.13 bn£2.31 bn
Other Assets£1.73 bn£1.65 bn£954.00 m
Total Assets£18.84 bn£19.77 bn£16.89 bn
Liabilities202320222021
Creditors within 1 year£3.69 bn£4.05 bn£3.28 bn
Creditors after 1 year£3.96 bn£4.17 bn£3.61 bn
Other Liabilities0£14.00 m0
Total Liabilities£7.65 bn£8.22 bn£6.89 bn
Net assets£11.19 bn£11.55 bn£10.00 bn
Equity202320222021
Called up share capital£44.00 m£45.00 m£45.00 m
Share Premium000
Profit / Loss£1.34 bn£1.08 bn£725.00 m
Other Equity£11.09 bn£11.45 bn£9.92 bn
Preference & Minorities£100.00 m£106.00 m£83.00 m
Total Capital Employed£11.19 bn£11.55 bn£10.00 bn
Ratios202320222021
Debt Ratio£0.22£0.23£0.24
Debt-to-Equity£0.29£0.30£0.31
Assets / Equity1.67851.67851.6785
Cash / Equity0.11360.11360.1136
EPS£1.43£1.07£0.72
Cash Flow202320222021
Cash from operating activities£1.65 bn£1.15 bn£1.41 bn
Cashflow before financing£372.00 m£476.00 m£901.00 m
Increase in Cash-£534.00 m-£268.00 m£340.00 m
Income202320222021
Turnover£19.75 bn£17.00 bn£13.88 bn
Cost of sales£15.59 bn£13.22 bn£10.75 bn
Gross Profit£4.16 bn£3.78 bn£3.13 bn
Operating Profit£1.38 bn£1.18 bn£808.00 m
Pre-Tax profit£1.34 bn£1.08 bn£725.00 m

Associated British Foods PLC Company Background

SectorConsumer Defensive
ActivitiesAssociated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some40% of sales are in the UK. Primark generates more than half of the firm's operating profit.
Latest Interim Date23 Apr 2024
Latest Fiscal Year End Date7 Nov 2023

Associated British Foods PLC Directors

AppointedNamePosition
2023-11-07Mr. Michael George Alexander McLintockNon-Executive Director,Chairman
2023-02-06Mr. John George BasonExecutive Director,Finance Director
2015-11-30Lord Michael Jay of Ewelme GCMGNon-Executive Director
2005-01-26Mr. Michael Richard AlexanderNon-Executive Director
2023-11-07Mr. Graham Denis AllanNon-Executive Director
2016-04-13Mr. Peter Alan SmithNon-Executive Director
2004-11-26Mr. Jeffery Francis HarrisNon-Executive Director
2018-04-11Mr. Charles James Francis SinclairNon-Executive Director,Chairman
2024-06-03Mr. George Garfield WestonExecutive Director,Chief Executive Officer
2011-11-09Mr. Willard Gordon Galen Weston OCNon-Executive Director
2017-11-30Mr. Timothy ClarkeNon-Executive Director
2024-01-18Dr. Wolfhart Gunnar Hauser Non-Executive Director
2018-12-07Mr. Javier FerranNon-Executive Director
2023-11-23Mr. Eoin Philip Tonge Executive Director,Finance Director
2023-11-07Ms. Ruth CairnieNon-Executive Director,Senior Independent Director
1996-05-16The Right Honourable Lord John Roddick Russell MacGregor of Pulham Markt MA,LLB,FKC,LLDNon-Executive Director
2005-03-04Mr. Martin Gardiner Adamson ICASNon-Executive Director,Chairman
2024-06-03Mrs. Emma AdamoNon-Executive Director
2024-05-22Ms. Kumsal Bayazit BessonNon-Executive Director
2023-11-07Mr. Richard Harry ReidNon-Executive Director
2024-06-25Dame Heather Victoria RabbattsNon-Executive Director
2024-05-29Ms. Annie MurphyNon-Executive Director

Associated British Foods PLC Contact Details

Company NameAssociated British Foods PLC
Address10 Grosvenor Street, Weston Centre, London, W1K 4QY
Telephone+44 2073996500
Websitehttps://www.abf.co.uk

Associated British Foods PLC Advisors

AuditorErnst & Young LLP
Phone+44 2079512000
Fax+44 2079511345
StockbrokerBarclays Bank PLC
Phone+44 2076232323
SolicitorAllen & Overy LLP
Phone+44 2030880000
Fax+44 207339999
SolicitorHerbert Smith Freehills LLP
Phone+44 2073748000
Fax+44 2073740888
BankLloyds Banking Group
SolicitorFreshfields Bruckhaus Deringer
Phone+44 2079364000
Fax+44 2078327001
RegistrarEquiniti Limited
StockbrokerCredit Suisse
Phone+44 2078888888
Fax+44 2078881600
Remuneration ConsultantWillis Towers Watson
Phone+44 2071702000
Fax+44 2071702222
Financial AdviserRothschild
Phone+44 2072805000
BankRoyal Bank of Scotland PLC
BankBarclays Bank PLC
Financial PR AdviserCitigate Dewe Rogerson
Phone+44 2076389571
AuditorKPMG AUDIT PLC
AuditorKPMG
Phone+44 2073111000
Fax+44 2073113311