Associated British Foods (ABF)

Sector:

Food

Index:

FTSE 100

2,171.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 2,738.00p
  • 52 Week Low: 2,130.00p
  • Currency: UK Pounds
  • Shares Issued: 738.63m
  • Volume: 315,614
  • Market Cap: £16,036m
  • RiskGrade: 161
  • Beta: 0.95

Dividend Data

  14-Sep-2416-Sep-2314-Sep-2317-Sep-2218-Sep-21
Interim Dividend20.70p14.20pn/a13.80p6.20p
Final Dividend42.30p33.10pn/a29.90p20.50p
Total Dividend63.00p47.30pn/a43.70p40.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 14-Sep-24 16-Sep-23 14-Sep-23 17-Sep-22 18-Sep-21
Continuing Operations          
Revenue 20,073.00 19,750.00 19,750.00 16,997.00 13,884.00
Operating Profit/(Loss) 1,932.00 1,216.00 1,383.00 1,069.00 729.00
Net Interest (64.00) n/a (80.00) (92.00) (102.00)
Profit Before Tax 1,917.00 1,340.00 1,340.00 1,076.00 725.00
Profit After Tax 1,480.00 1,068.00 1,068.00 720.00 498.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 1,480.00 1,068.00 1,068.00 720.00 498.00
Attributable to:          
Equity Holders of Parent Company 1,455.00 1,044.00 1,044.00 700.00 478.00
Minority Interests 25.00 24.00 24.00 20.00 20.00
           
Continuing EPS          
Earnings per Share - Basic 193.70p 24,491.50p 134.20p 88.60p 60.50p
Earnings per Share - Diluted 193.70p 24,491.50p 134.20p 88.60p 60.50p
Earnings per Share - Adjusted 196.90p 25,878.50p 141.80p 131.10p 80.10p
Continuing and Discontinued EPS          
Earnings per Share - Basic 193.70p 24,491.50p 134.20p 88.60p 60.50p
Earnings per Share - Diluted 193.70p 24,491.50p 134.20p 88.60p 60.50p
Earnings per Share - Adjusted 196.90p 25,878.50p 141.80p 131.10p 80.10p
           
Dividend per Share 63.00p 8,632.25p 47.30p 43.70p 26.70p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 14-Sep-24 16-Sep-23 14-Sep-23 17-Sep-22 18-Sep-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 8,353.00 8,009.00 8,009.00 8,055.00 7,935.00
Intangible Assets 1,896.00 1,870.00 1,870.00 1,868.00 1,581.00
Investment Properties 105.00 107.00 107.00 n/a n/a
Investments 381.00 394.00 394.00 386.00 338.00
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 1,759.00 1,725.00 1,725.00 1,632.00 936.00
  12,494.00 12,105.00 12,105.00 11,941.00 10,790.00
Current Assets          
Inventories 2,942.00 3,207.00 3,207.00 3,259.00 2,151.00
Trade & Other Receivables 1,697.00 1,778.00 1,778.00 1,758.00 1,367.00
Cash at Bank & in Hand 1,323.00 1,457.00 1,457.00 2,121.00 2,275.00
Current Asset Investments 334.00 n/a n/a 4.00 32.00
Other Current Assets 224.00 297.00 297.00 692.00 280.00
  6,520.00 6,739.00 6,739.00 7,834.00 6,105.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 19,014.00 18,844.00 18,844.00 19,775.00 16,895.00
           
Liabilities          
Current Liabilities          
Borrowings 426.00 503.00 503.00 473.00 619.00
Other Current Liabilities 3,242.00 233.00 3,186.00 3,580.00 2,663.00
  3,668.00 736.00 3,689.00 4,053.00 3,282.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 3,252.00 3,219.00 3,219.00 3,416.00 3,068.00
Provisions 742.00 674.00 674.00 673.00 394.00
Other Non-Current Liabilities 74.00 69.00 69.00 79.00 147.00
  4,068.00 3,962.00 3,962.00 4,168.00 3,609.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 7,736.00 7,651.00 7,651.00 8,221.00 6,891.00
           
Net Assets 11,278.00 11,193.00 11,193.00 11,554.00 10,004.00
           
Capital & Reserves          
Share Capital 42.00 44.00 44.00 45.00 45.00
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (251.00) 139.00 139.00 754.00 184.00
Retained Earnings 11,395.00 10,910.00 10,910.00 10,649.00 9,692.00
Shareholders Funds 11,186.00 11,093.00 11,093.00 11,448.00 9,921.00
           
Minority Interests/Other Equity 92.00 100.00 100.00 106.00 83.00
Total Equity 11,278.00 11,193.00 11,193.00 11,554.00 10,004.00
Cash Flow 14-Sep-24 16-Sep-23 14-Sep-23 17-Sep-22 18-Sep-21
Net Cash Flow From Operating Activities 2,874.00 1,654.00 1,654.00 1,153.00 1,413.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (1,332.00) (903.00) (903.00) (744.00) (561.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (1,569.00) (1,285.00) (1,285.00) (677.00) (512.00)
Net Increase/Decrease In Cash (27.00) (534.00) (534.00) (268.00) 340.00
Ratios - based on IFRS 14-Sep-24 16-Sep-23 14-Sep-23 17-Sep-22 18-Sep-21
Continuing Operations          
PE Ratio - Adjusted 11.1 0.1 14.7 10.1 23.6
PEG - Adjusted n/a 0.0 1.8 0.2 n/a
Earnings per Share Growth - Adjusted -99% 18,150% 8% 64% -1%
Dividend Cover 3.13 3.00 3.00 3.00 3.00
Revenue per Share 2,672.84p 463,287.28p 2,696.02p 2,154.25p 17.74p
Pre-Tax Profit per Share 255.26p 31,433.16p 182.92p 136.38p 0.93p
Operating Margin 9.62% 6.16% 7.00% 6.29% 5.25%
Return on Capital Employed 14.35% 1,782.56% 10.44% 8.20% 0.07%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.1 0.0 14.6 10.1 2,337.2
PEG - Adjusted n/a 0.0 1.6 0.0 n/a
Earnings per Share Growth - Adjusted -100% 3,303,150% 9% 16,112% -99%
Dividend Cover 3.13 547.11 3.02 3.00 0.03
           
Dividend Yield 2.9% 414.8% 2.3% 3.3% 1.4%
Dividend per Share Growth (99.27%) 18,150.00% 8.24% 63.67% n/a
Operating Cash Flow per Share 382.69p 38,798.84p 223.93p 146.13p 178.86p
Cash Incr/Decr per Share (3.59p) (12,526.35p) (72.89p) (33.97p) 0.43p
Net Asset Value per Share (exc. Intangibles) 1,249.27p 1,198.33p 1,262.20p 1,227.63p 1,066.20p
Net Gearing 21.05% 20.42% 20.42% 15.44% 14.23%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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