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Associated British Foods

Current Price 2306.00p Bid 2305.00p Ask 2308.00p Change -1.62%
Last Updated: 19/03/2024 06:27. Prices delayed by at least 15 minutes.
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Company Overview

Associated British Foods PLC is a United Kingdom-based diversified food, ingredients and retail company. The Company has five segments. The Grocery segment is engaged in the manufacture of grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods and meat products, which are sold to retail, wholesale and foodservice businesses. The Sugar segment is engaged in the manufacture of animal feeds and the provision of other products and services for the agriculture sector. The Agriculture segment is engaged in the manufacture of animal feeds and the provision of other products and services for the agriculture sector.

Financial Highlights Year Ended 16/09/2023

Revenue
£19,750.00m
Operating Profit/Loss
£1,383.00m
Dividend yield (%)
2.30
Total dividend for year
n/ap
Dividend cover
3.00
P/E Ratio
14.70

Key Personnel

Mr Michael McLintock
Chairman
Mr George G Weston
Chief Executive Officer
Mr Eoin Tonge
Executive Director
Mr Graham Allan
Independent Non-Executive Director
Mr Richard Reid
Independent Non-Executive Director
Mr Annie Murphy
Non-Executive Director
Mr Dame Heather Rabbatts
Non-Executive Director
Mr Emma Adamo
Non-Executive Director
Mr Kumsal Bayazit
Non-Executive Director

Stock Details

EPIC
ABFL
ISIN
GB0006731235
Shares in Issue
790.18m
Market cap
£18,221.64m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
2,306.00p
Bid Price
2,305.00p
Ask Price
2,308.00p
Volume
142,206
Change Today
-38.00p
% Change Today
-1.62%
Open
2,333.00p
Previous Close
2,306.00p
Intraday High
2,333.00p
Intraday Low
2,306.00p
52 Week High
2,460.00p
52 Week Low
1,831.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
16 Sep 2023
17 Sep 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
19,750.00
16,997.00
Operating Profit/Loss
1,383.00
1,069.00
Net Interest
-80.00
-92.00
Pre-Tax Profit
1,340.00
1,076.00
Profit After Tax from continuing operations
1,068.00
720.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
1,068.00
720.00
Attributable to:
Equity Holders of Parent Company
1,044.00
700.00
Minority Interests
24.00
20.00
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
16 Sep 2023
17 Sep 2022
Basic
134.20p
88.60p
Diluted
134.20p
88.60p
Adjusted
141.80p
131.10p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
16 Sep 2023
17 Sep 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
8,116.00
8,055.00
Intangible Assets
1,870.00
1,868.00
Investment Properties
n/a
n/a
Investments
394.00
386.00
Other Financial Assets
n/a
n/a
Other Non-Current Assets
1,725.00
1,632.00
Current Assets
Inventories
3,207.00
3,259.00
Trade & Other Receivables
1,778.00
1,758.00
Cash at Bank & In Hand
1,457.00
2,121.00
Current Asset Investments
n/a
4.00
Other Current Assets
297.00
692.00
Other Assets
n/a
n/a
Total Assets
18,844.00
19,775.00

Liabilities

Year End Date
16 Sep 2023
17 Sep 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
503.00
473.00
Other Current Liabilities
3,186.00
3,580.00
Total Current Liabilities
3,689.00
4,053.00
Non-Current Liabilities
Borrowings
3,219.00
3,416.00
Provisions
674.00
673.00
Other Non-Current Liabilities
69.00
79.00
Total Non-Current Liabilities
3,962.00
4,168.00
Other Liabilities
n/a
n/a
Total Liabilities
7,651.00
8,221.00

Net Assets

Year End Date
16 Sep 2023
17 Sep 2022
 
£ (M)
£ (M)
Net Assets
11,193.00
11,554.00

Capital & Reserves

Year End Date
16 Sep 2023
17 Sep 2022
 
£ (M)
£ (M)
Share Capital
44.00
45.00
Share Premium Account
n/a
n/a
Other Reserves
139.00
754.00
Retained Earnings
10,910.00
10,649.00
Shareholders Funds
11,093.00
11,448.00
Minority Interests/Other Equity
100.00
106.00
Total Equity
11,193.00
11,554.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Special
14 Dec 2023
12 Jan 2024
12.70p
Final
14 Dec 2023
12 Jan 2024
33.10p
Final
14 Dec 2023
12 Jan 2024
33.10p
Final
14 Dec 2023
12 Jan 2024
33.10p
Interim
01 Jun 2023
07 Jul 2023
14.20p
Interim
01 Jun 2023
07 Jul 2023
14.20p
Interim
01 Jun 2023
07 Jul 2023
14.20p
Final
15 Dec 2022
13 Jan 2023
29.90p
Final
15 Dec 2022
13 Jan 2023
29.90p
Interim
09 Jun 2022
08 Jul 2022
13.80p
Interim
09 Jun 2022
08 Jul 2022
13.80p
Final
16 Dec 2021
14 Jan 2022
20.50p
Final
16 Dec 2021
04 Jan 2022
20.50p
Interim
03 Jun 2021
09 Jul 2021
6.20p
Interim
03 Jun 2021
09 Jul 2021
6.20p
Interim
03 Jun 2021
09 Jul 2021
6.20p
Final
12 Dec 2019
10 Jan 2020
34.30p
Interim
06 Jun 2019
05 Jul 2019
12.05p
Final
13 Dec 2018
11 Jan 2019
33.30p
Interim
07 Jun 2018
06 Jul 2018
11.70p
Final
14 Dec 2017
12 Jan 2018
29.65p
Interim
08 Jun 2017
07 Jul 2017
11.35p
Final
15 Dec 2016
13 Jan 2017
26.45p
Interim
02 Jun 2016
01 Jul 2016
10.30p
Final
10 Dec 2015
08 Jan 2016
25.00p
Interim
04 Jun 2015
03 Jul 2015
10.00p

Dividend Metrics

Year End Date
16 Sep 2023
17 Sep 2022
Dividend growth
8.24%
63.67%
Dividend yield
2.30%
3.30%
Dividend cover
3.00
3.00


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