ABF Interim 2012 results - dividend increased
Tuesday, 24 April 2012
Highlights
- Group revenue up 11% to 5,766m
- Adjusted operating profit up 6% at 412m*
- Adjusted profit before tax up 3% to 363m **
- Adjusted earnings per share up 5% at 34.4p **
- Dividend per share up 8% to 8.5p
- Net debt 1,592m after net capital investment of 326m
- Operating profit up 6% to 378m, profit before tax up 3% at 329m and basic earnings per share up 4% to 31.7p
George Weston, Chief Executive of Associated British Foods, said:
"The group delivered good growth in revenue and profit. AB Sugar and Primark both performed strongly, demonstrating continuing momentum. We expect substantial growth in both adjusted operating profit and adjusted earnings per share for the group for the full year."
