British Sugar parent company, Associated
British Foods, reports robust preliminary results.
Preliminary results for year ended 15
Worldwide sales ahead at £4,434 million
Operating profit up 3% to £351 million
Investment income up 8% to £66 million
Profit before tax up 5% to £393 million
Adjusted earnings per share up 7% to
Dividends per share up 5% to 11.8p
Net cash funds up £70 million to £1,051
Peter Jackson, Chief Executive of
Associated British Foods, said: "These are robust results against a
backdrop of difficult market conditions. By implementing the
strategies we laid down 12 months ago, we have achieved double digit
operating profit growth across four of our five business categories.
We remain committed to the generation of strong cash flow and
sustainable growth and will continue to develop our group businesses
to achieve these goals."