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ABF at a glance

Who we are

Associated British Foods is a highly diversified group, with a range of food and ingredients businesses as well as our retail brand, Primark. We are united in our purpose: to provide safe, nutritious and affordable food, and clothing that is great value for money.

We work hard every day to create long-term value for our shareholders and our stakeholders which include our customers, employees and suppliers.



Our global presence 

  

133,000

Employees worldwide

Operating in

55

countries

Customers in

100+

countries


ABF in numbers - 2023

Our financial performance comes from the strength of our brands, the diversity of our products and markets, our geographic spread, conservative financing and an organisation design that permits fast and flexible decision-taking.

£19.8bn

Group revenue

£1,513m

Adjusted operating profit*

£1,383m

Operating profit


£1,340m

Profit before tax

£1,473m

Adjusted profit before tax*

141.8p

Adjusted earnings per share*


£895m

Net cash before lease liabilities*

£2,265m

Net debt including lease liabilities*

£1,171m

Gross investment*


13.6%

Return on average capital employed* (ROACE)

60.0p

Dividends per share (including special dividend)

134.2p

Basic earnings per share


* Alternative Performance Measures (APMs) as defined on pages 189 to 191 in the Annual Report.


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