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- Half Year 2023 Associated British Foods PLC Earnings Call TranscriptApr 25, 2023£19.84 (-3.03%)Earnings
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- Full Year 2022 Associated British Foods PLC Earnings Call TranscriptNov 08, 2022£14.58 (+2.07%)Earnings
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- Q3 2022 Associated British Foods PLC Trading Statement Call TranscriptJun 20, 2022
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- Full Year 2021 Associated British Foods PLC Earnings Call TranscriptNov 09, 2021£20.07 (+7.99%)Earnings
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- Half Year 2021 Associated British Foods PLC Earnings Call TranscriptApr 20, 2021£23.14 (-5.93%)Earnings
- Full Year 2020 Associated British Foods PLC Earnings Call TranscriptNov 03, 2020£17.28 (+0.35%)Earnings
- Half Year 2020 Associated British Foods PLC Earnings Call TranscriptApr 21, 2020£18.66 (-6.07%)Earnings
- Full Year 2019 Associated British Foods PLC Earnings Call TranscriptNov 05, 2019£23.74 (+5.56%)Earnings
- Half Year 2019 Associated British Foods PLC Earnings Call TranscriptApr 24, 2019£25.57 (+2.04%)Earnings
Full Year 2022 Associated British Foods PLC Earnings Call Transcript
Well, welcome to this review of the annual results for ABF for the 52 weeks ended the 17th of September 2022. More of you have made it in not only sort of post pandemic, but also on days and things that are disruptive than I had expected. So thank you very much for making that effort. We've got quite a lot to go through, and so I'm going to move at pace through some of it, if I may.
So this is -- I mean we're delighted by the year that we've had. If I characterized it as ABF is back, I wouldn't be far off. Robust delivery in food in a very difficult environment with disruptive supply chain and lots of inflation. And then retail performance, Primark's performance strongly ahead. 10% sales growth at constant currency in food demonstrating pricing actions. And then adjusted operating profit for Sugar, Agriculture and Ingredients well ahead, I think, demonstrating the value of the diversity within the group.
Grocery has a good job recovering cash costs caused by inflation. Margin is bound to come down and U
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