Highlights
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Group revenue up 10% to £6,333m |
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Adjusted operating profit up 20% at £496m |
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Adjusted profit before tax up 25% to £452m |
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Adjusted earnings per share up 22% at 41.9p |
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Dividend per share up 10% to 9.35p |
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Net debt £1,337m after net capital investment of £334m |
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Operating profit up 21% to £459m, profit before tax up 26% at £415m and basic earnings per share up 23% to 38.9p |
George Weston, Chief Executive of Associated British Foods, said:
"This is an excellent set of results with adjusted operating profit up 20%, a stronger cash flow and a year-on-year reduction in net debt. We are committed to the long-term development of our businesses through investment. These results have been achieved through a focus on generating good returns from the investments we have made over recent years."
