Associated British Foods PLC
LSE:ABF

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Associated British Foods PLC Logo
Associated British Foods PLC
LSE:ABF
Watchlist
Price: 2 148 GBX 1.08% Market Closed
Market Cap: 15.3B GBX
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+14%
5Y
+40%
10Y
+52%
Operating Income
+
3Y
+24%
5Y
+77%
10Y
+61%
Net Income
+
3Y
+46%
5Y
+125%
10Y
+94%

Earnings Waterfall
Associated British Foods PLC

Revenue
19.5B GBP
Cost of Revenue
-14.8B GBP
Gross Profit
4.7B GBP
Operating Expenses
-3.1B GBP
Operating Income
1.6B GBP
Other Expenses
-552m GBP
Net Income
1B GBP

Income Statement
Associated British Foods PLC

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Income Statement
Currency: GBP
Sep-2001 Mar-2002 Sep-2002 Mar-2003 Sep-2003 Feb-2004 Sep-2004 Mar-2005 Sep-2005 Mar-2006 Sep-2006 Mar-2007 Sep-2007 Mar-2008 Sep-2008 Feb-2009 Sep-2009 Feb-2010 Mar-2011 Sep-2011 Mar-2012 Sep-2012 Mar-2013 Sep-2013 Mar-2014 Sep-2014 Feb-2015 Sep-2015 Feb-2016 Mar-2017 Sep-2017 Mar-2018 Sep-2018 Mar-2019 Sep-2019 Feb-2020 Sep-2020 Feb-2021 Sep-2021 Mar-2022 Sep-2022 Mar-2023 Sep-2023 Mar-2024 Sep-2024 Mar-2025 Sep-2025
Revenue
Interest Expense
0
0
22
0
30
0
23
14
137
93
46
23
55
67
74
0
94
42
0
101
111
114
0
43
0
40
0
35
0
0
30
0
28
0
25
0
113
0
100
0
109
0
125
0
133
0
129
Revenue
4 418
N/A
4 453
+1%
4 545
+2%
4 712
+4%
4 909
+4%
5 022
+2%
5 165
+3%
5 411
+5%
5 622
+4%
5 891
+5%
5 996
+2%
6 329
+6%
6 800
+7%
7 286
+7%
8 235
+13%
8 903
+8%
9 255
+4%
9 677
+5%
5 207
-46%
11 065
+113%
11 624
+5%
12 252
+5%
12 819
+5%
13 315
+4%
13 188
-1%
12 943
-2%
12 985
+0%
12 800
-1%
12 669
-1%
7 296
-42%
15 357
+110%
15 483
+1%
15 574
+1%
15 684
+1%
15 824
+1%
15 938
+1%
13 937
-13%
12 604
-10%
13 884
+10%
15 453
+11%
16 997
+10%
18 675
+10%
19 750
+6%
19 924
+1%
20 073
+1%
19 848
-1%
19 459
-2%
Gross Profit
Cost of Revenue
(4 147)
(4 163)
(3 420)
(4 328)
(3 672)
(4 620)
(3 811)
(4 955)
(4 054)
0
(4 338)
0
(5 058)
0
(6 327)
0
(7 085)
0
0
(8 347)
0
(9 292)
0
(10 095)
0
(9 793)
0
(9 781)
0
0
(11 751)
0
(11 990)
0
(12 187)
0
(10 800)
0
(10 753)
0
(13 219)
0
(15 587)
0
(15 191)
0
(14 804)
Gross Profit
271
N/A
290
+7%
1 125
+288%
384
-66%
1 237
+222%
402
-68%
1 354
+237%
456
-66%
1 568
+244%
0
N/A
1 658
N/A
0
N/A
1 742
N/A
0
N/A
1 908
N/A
0
N/A
2 170
N/A
0
N/A
0
N/A
2 718
N/A
0
N/A
2 960
N/A
0
N/A
3 220
N/A
0
N/A
3 150
N/A
0
N/A
3 019
N/A
0
N/A
0
N/A
3 606
N/A
0
N/A
3 584
N/A
0
N/A
3 637
N/A
0
N/A
3 137
N/A
0
N/A
3 131
N/A
0
N/A
3 778
N/A
0
N/A
4 163
N/A
0
N/A
4 882
N/A
0
N/A
4 655
N/A
Operating Income
Operating Expenses
0
0
(755)
0
(859)
0
(933)
0
(1 045)
(5 363)
(1 148)
(5 829)
(1 204)
(6 718)
(1 379)
(8 343)
(1 554)
(8 993)
(4 870)
(1 918)
(10 797)
(2 010)
(11 782)
(2 145)
(12 101)
(2 072)
(11 942)
(2 040)
(11 669)
(6 684)
(2 339)
(14 236)
(2 300)
(14 405)
(2 337)
(14 603)
(2 246)
(12 018)
(2 255)
(14 249)
(2 510)
(17 441)
(2 823)
(18 315)
(3 048)
(18 129)
(3 078)
Selling, General & Administrative
0
0
(755)
0
(859)
0
(887)
0
(1 045)
0
(1 148)
0
(1 204)
0
(1 379)
0
(1 554)
0
0
(1 918)
0
(2 010)
0
(2 145)
0
(2 072)
0
(2 040)
0
0
(2 339)
0
(2 300)
0
(2 337)
0
(2 246)
0
(2 255)
0
(2 510)
0
(2 823)
0
(3 048)
0
(3 078)
Depreciation & Amortization
0
0
0
0
0
0
(46)
0
0
(16)
0
(27)
0
(64)
0
(78)
0
0
0
0
0
0
(37)
0
(90)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
(5 347)
0
(5 802)
0
(6 654)
0
(8 265)
0
(8 993)
(4 870)
0
(10 797)
0
(11 745)
0
(12 011)
0
(11 942)
0
(11 669)
(6 684)
0
(14 236)
0
(14 405)
0
(14 603)
0
(12 018)
0
(14 249)
0
(17 441)
0
(18 315)
0
(18 129)
0
Operating Income
271
N/A
290
+7%
370
+28%
384
+4%
378
-2%
402
+6%
421
+5%
456
+8%
523
+15%
528
+1%
510
-3%
500
-2%
538
+8%
568
+6%
529
-7%
560
+6%
616
+10%
684
+11%
337
-51%
800
+137%
827
+3%
950
+15%
1 037
+9%
1 075
+4%
1 087
+1%
1 078
-1%
1 043
-3%
979
-6%
1 000
+2%
612
-39%
1 267
+107%
1 247
-2%
1 284
+3%
1 279
0%
1 300
+2%
1 335
+3%
891
-33%
586
-34%
876
+49%
1 204
+37%
1 268
+5%
1 234
-3%
1 340
+9%
1 609
+20%
1 834
+14%
1 719
-6%
1 577
-8%
Pre-Tax Income
Interest Income Expense
73
63
42
67
30
63
47
51
(130)
12
(4)
(5)
(25)
(30)
(38)
(49)
(84)
(71)
(22)
(55)
(68)
(78)
(81)
(20)
(66)
(12)
(23)
16
2
1
45
18
42
22
46
1
(46)
(57)
(12)
(9)
31
37
27
53
5
45
1
Non-Reccuring Items
0
0
0
0
0
0
8
19
20
1
(87)
(75)
8
14
10
(37)
(1)
3
2
5
4
(104)
(105)
(128)
(127)
(13)
(223)
(262)
(53)
257
299
49
(28)
(119)
(169)
(390)
(152)
135
(127)
(116)
(222)
(215)
(84)
(92)
7
(92)
(229)
Gain/Loss on Disposition of Assets
49
(9)
8
10
32
28
7
10
(48)
(53)
(12)
(46)
(39)
0
5
(55)
(65)
18
0
0
0
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(24)
(23)
0
(26)
8
(21)
11
3
162
5
12
9
26
25
42
19
29
3
2
16
4
2
(8)
(59)
(3)
(33)
2
(26)
(3)
(3)
(35)
(2)
(19)
9
(4)
10
(7)
(1)
(12)
6
(1)
29
57
7
71
56
64
Pre-Tax Income
369
N/A
321
-13%
420
+31%
435
+4%
448
+3%
472
+5%
494
+5%
539
+9%
527
-2%
493
-6%
419
-15%
383
-9%
508
+33%
577
+14%
548
-5%
438
-20%
495
+13%
637
+29%
319
-50%
766
+140%
767
+0%
761
-1%
843
+11%
868
+3%
891
+3%
1 020
+14%
799
-22%
707
-12%
946
+34%
867
-8%
1 576
+82%
1 312
-17%
1 279
-3%
1 191
-7%
1 173
-2%
956
-18%
686
-28%
663
-3%
725
+9%
1 085
+50%
1 076
-1%
1 085
+1%
1 340
+24%
1 577
+18%
1 917
+22%
1 728
-10%
1 413
-18%
Net Income
Tax Provision
(118)
(118)
(95)
(97)
(125)
(133)
(146)
(150)
(141)
(139)
(111)
(88)
(108)
(124)
(136)
(113)
(112)
(150)
(83)
(180)
(182)
(178)
(198)
(240)
(235)
(237)
(226)
(191)
(198)
(221)
(365)
(256)
(257)
(263)
(277)
(236)
(221)
(247)
(227)
(275)
(356)
(307)
(272)
(373)
(437)
(397)
(368)
Income from Continuing Operations
251
203
325
338
323
339
348
389
386
354
308
295
400
453
412
325
383
487
236
586
585
583
645
628
656
783
573
516
748
646
1 211
1 056
1 022
928
896
720
465
416
498
810
720
778
1 068
1 204
1 480
1 331
1 045
Income to Minority Interest
(8)
(7)
(3)
(1)
3
3
(6)
(8)
(7)
(7)
(7)
(8)
(31)
(34)
(34)
(31)
(24)
(18)
5
(36)
(35)
(28)
(36)
(43)
(34)
(21)
(9)
12
(8)
(10)
(13)
(13)
(15)
(13)
(18)
(14)
(10)
(16)
(20)
(18)
(20)
(27)
(24)
(24)
(25)
(19)
(20)
Net Income (Common)
243
N/A
196
-19%
322
+64%
337
+5%
326
-3%
342
+5%
342
N/A
381
+11%
379
-1%
347
-8%
301
-13%
287
-5%
369
+29%
419
+14%
378
-10%
294
-22%
359
+22%
469
+31%
241
-49%
550
+128%
550
N/A
555
+1%
609
+10%
585
-4%
622
+6%
762
+23%
564
-26%
528
-6%
740
+40%
636
-14%
1 198
+88%
1 043
-13%
1 007
-3%
915
-9%
878
-4%
706
-20%
455
-36%
400
-12%
478
+20%
792
+66%
700
-12%
751
+7%
1 044
+39%
1 180
+13%
1 455
+23%
1 312
-10%
1 025
-22%
EPS (Diluted)
0.31
N/A
0.25
-19%
0.41
+64%
0.43
+5%
0.41
-5%
0.44
+7%
0.43
-2%
0.48
+12%
0.48
N/A
0.44
-8%
0.38
-14%
0.36
-5%
0.47
+31%
0.54
+15%
0.48
-11%
0.38
-21%
0.46
+21%
0.6
+30%
0.31
-48%
0.7
+126%
0.7
N/A
0.7
N/A
0.78
+11%
0.74
-5%
0.79
+7%
0.96
+22%
0.71
-26%
0.67
-6%
0.94
+40%
0.81
-14%
1.52
+88%
1.32
-13%
1.27
-4%
1.16
-9%
1.11
-4%
0.9
-19%
0.58
-36%
0.51
-12%
0.61
+20%
1
+64%
0.89
-11%
0.95
+7%
1.34
+41%
1.54
+15%
1.94
+26%
1.78
-8%
1.42
-20%

See Also

Summary
ABF intrinsic value, competitors valuation, and company profile.
DCF Valuation
ABF stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ABF stock valuation using valuation multiples.
Wall Street Estimates
ABF price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ABF stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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