Associated British Foods plc is holding its Annual General Meeting for shareholders at 11am today. No new information on current trading will be given during today's meeting.
For further information please contact:
Associated British Foods:
+44 20 7399 6545
Eoin Tonge, Finance Director
Lucinda Baker, Head of Investor Relations
Chris Barrie, Corporate Affairs Director
Citigate Dewe Rogerson:
+44 20 7638 9571
Kevin Smith Tel: +44 7710 815 924
Angharad Couch Tel: +44 7507 643 004
Registered in England No. 00293262 at Weston Centre, 10 Grosvenor Street, London W1K 4QY
Associated British Foods plc published this content on December 06, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on December 06, 2024 at 07:46:07.288.
Associated British Foods plc is one of the largest European food processing groups. Net sales (not including sold divisions) break down by family of products as follows:
- grocery and bakery products (21.3%): tea (Twinings brand), oils (Mazola and Capullo), spices (Spice Islands and Durkee), jam, bread, biscuits, sauces, etc.;
- sugar (10.6%): Silver Spoon, Billington's brands, etc.;
- ingredients (10.6%): yeasts, flavorings, emulsifiers, sterols, esters, etc.;
- processed food products (8.4%): mainly cereal and animal feed.
The remaining sales (49.1%) are from clothing distribution (473 outlets located mainly in the United Kingdom, Ireland, Spain, Germany, the Netherlands, and Portugal under the Primark and Penneys names).
Net sales (not including sold divisions) are distributed geographically as follows: the United Kingdom (35.8%), Europe and Africa (39.6%), Americas (12.7%) and Asia/Pacific (11.9%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
