Creating value together

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


2021 Group financial highlights

As at 18th September 2021

£13.9bn

Group revenue 

£1,011m

Adjusting operating profit 

£908m

Adjusted profit before tax

80.1p

Adjusted earnings per share

26.7p

Dividends per share

13.8p

Special dividend per share

£721m

Gross investment 

£1,901m

Net cash before lease liabilities 

£1,380m

Net debt including lease liabilities


£808m

Operating profit 

£725m

Profit before tax

60.5p

Basic earnings per share


Chairman's statement


The economic effects of the measures taken by governments to restrict the COVID-19 pandemic were evident in the financial results for our last financial year and in the results for this financial year. The Board recognises that a Group of our scale and significance has responsibilities to many stakeholders. I want to say thank you once again to every employee for their hard work and determination in these difficult times.

Michael McLintock

Chairman


Chief Executive's statement

We have the people and the cash resources to seize the opportunities ahead and look to the future with confidence.

George Weston

Chief Executive


Financial review

For the full year, the Board has proposed a final dividend of 20.5p per share giving a full year dividend of 26.7p per share. Further, the Board has declared the payment of a special dividend, to be paid as a second interim dividend, of 13.8p per share.

John Bason

Finance Director


Creating long-term value

Our businesses in action

Read our latest case studies to see our businesses in action.

Our business model

Our way of operating – entrepreneurial but also financially prudent and focused on the long term – has achieved growth over many years and creates long-term value for our shareholders and other stakeholders alike.

Responsibility Update

Read about the positive role we play, both socially and environmentally, in our latest responsibility update.

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