Associated British Foods Results Presentation Deck

Revenue £m Adj. operating profit £m Margin ROACE Agriculture ■ 2023 1,840 41 2.2% 8.4% 21 2022 Change actual fx 1,722 47 2.7% 10.3% ▪ Frontier joint venture continues to perform well +7% -13% ▪ Reduced European pig and poultry herds led to lower compound feed volumes; lower demand for pork in China Change constant fx +7% -15% Dairy sector resilient with higher profitability; acquisitions provide opportunity for an integrated dairy offering Associated British Foods plc

View entire presentation