Associated British Foods PLC (FRA:AFO2)
€ 31.8 0 (0%) Market Cap: 23.89 Bil Enterprise Value: 26.90 Bil PE Ratio: 17.66 PB Ratio: 1.86 GF Score: 91/100

Q4 2023 Associated British Foods PLC Trading Statement Call Transcript

Sep 12, 2023 / 08:00AM GMT
Release Date Price: €23.2 (+0.87%)
Operator

Good day, and thank you for standing by. Welcome to the Associated British Foods Pre-close Trading Update Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, George Weston, CEO. Please go ahead.

George Garfield Weston
Associated British Foods plc - CEO & Executive Director

Good morning, everyone. Thank you for joining Eoin and me this morning. The main purpose of the call, of course, is for you to ask Eoin and me questions about the statement we just put out. But before we begin, I wanted just to make a couple of brief observations.

Firstly, I hope you found this to be a reassuring update. Compared with where we were a year ago, we see what we've done this year is something we would triumph. In food, the trading performance was similar to that of the third quarter. So there's continued momentum in Grocery and Ingredients, Sugar actually traded slightly better towards the back end of the year and beat last year. And so now we expect

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