WarrantsWarrant calculator
ASSOCIATED BRITISH FOODS PLC OR (ABF.L) closed fiscal year 2025 with net revenue of 19.5 B GBP, down 3.1 % year on year, and net income of 1.03 B GBP.
ASSOCIATED BRITISH FOODS PLC OR (ABF.L) closed fiscal year 2025, whose accounting year ends in September, with net revenue of 19.5 B GBP, down 3.1 % year on year. Gross profit was 4.66 B GBP and EBIT 1.67 B GBP. EBITDA came to 2.65 B GBP. Net income came in at 1.03 B GBP, down 29.6 % year on year, and diluted EPS at 1.42 GBP. Over the whole period net revenue compounds at -0.7 % a year. The series covers 3 fiscal years, from 2023 to 2025. All figures are stated in GBP and are taken from the company's own published annual accounts, with no restatements or adjustments of our own. Each line item in the table carries its year-on-year change underneath.
Fiscal year end: September
| 2023 | 2024 | 2025 | 2026E | 2027E | |
|---|---|---|---|---|---|
| Net revenue | 19.8B | 20.1B | 19.5B | 19.5B | 20.0B |
| Net revenue — YoY growth | — | 1.64 % | -3.06 % | 0.14 % | 2.55 % |
| Cost of sales | -15.6B | -15.2B | -14.8B | — | — |
| Gross profit | 4.16B | 4.88B | 4.66B | — | — |
| Gross profit — YoY growth | — | 17.27 % | -4.65 % | — | — |
| Cash operating expenses (excl. D&A) | -1.69B | -1.75B | -2.00B | — | — |
| EBITDA | 2.48B | 3.13B | 2.65B | — | — |
| EBITDA — YoY growth | — | 26.49 % | -15.26 % | — | — |
| Depreciation & amortization (D&A) | -886M | -949M | -988M | — | — |
| EBIT | 1.59B | 2.18B | 1.67B | — | — |
| EBIT — YoY growth | — | 37.30 % | -23.68 % | — | — |
| Net interest & non-operating items | -250M | -266M | -253M | — | — |
| EBT (pre-tax income) | 1.34B | 1.92B | 1.41B | — | — |
| EBT (pre-tax income) — YoY growth | — | 43.06 % | -26.29 % | — | — |
| Income tax | -272M | -437M | -368M | — | — |
| After-tax income (group, continuing operations) | 1.07B | 1.48B | 1.05B | — | — |
| After-tax income (group, continuing operations) — YoY growth | — | 38.58 % | -29.39 % | — | — |
| Minority interest, discontinued operations & other | -24.0M | -25.0M | -20.0M | — | — |
| Net income | 1.04B | 1.46B | 1.03B | 0.90B | 0.90B |
| Net income — YoY growth | — | 39.37 % | -29.55 % | -12.08 % | -0.12 % |
| Unusual items (after tax) | 66.9M | -5.40M | 169M | — | — |
| Normalized tax rate adjustment | 0.00 | 0.00 | 0.00 | — | — |
| Normalized income (adjusted) | 1.11B | 1.45B | 1.19B | — | — |
| Normalized income (adjusted) — YoY growth | — | 30.48 % | -17.61 % | — | — |
| Filing date | — | — | — | — | — |
Figures in GBP
Fiscal year end: September
| 2023 | 2024 | 2025 | 2026E | 2027E | |
|---|---|---|---|---|---|
| Basic EPS | 1.34 | 1.94 | 1.42 | 1.54 | 1.54 |
| Basic EPS — YoY growth | — | 44.34 % | -26.90 % | 8.59 % | -0.12 % |
| Diluted EPS | 1.34 | 1.94 | 1.42 | 1.54 | 1.54 |
| Diluted EPS — YoY growth | — | 44.35 % | -26.90 % | 8.59 % | -0.12 % |
| Normalized basic EPS | 1.43 | 1.93 | 1.65 | — | — |
| Normalized basic EPS — YoY growth | — | 35.17 % | -14.53 % | — | — |
| Normalized diluted EPS | 1.43 | 1.93 | 1.65 | — | — |
| Normalized diluted EPS — YoY growth | — | 35.17 % | -14.53 % | — | — |
Figures in GBP