Associated British Foods (LON:ABF) Full Year 2024 Results
Key Financial Results
- Revenue: UK£20.1b (up 1.6% from FY 2023).
- Net income: UK£1.46b (up 39% from FY 2023).
- Profit margin: 7.2% (up from 5.3% in FY 2023).
- EPS: UK£1.94 (up from UK£1.34 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Associated British Foods EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Food industry in the United Kingdom.
Performance of the British Food industry.
The company's shares are up 3.2% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Associated British Foods has 1 warning sign we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About LSE:ABF
Associated British Foods
Operates as a diversified food, ingredients, and retail company worldwide.
Flawless balance sheet with solid track record and pays a dividend.
