Associated British Foods Results Presentation Deck

Revenue £m Adj. operating profit £m Margin ROACE ■ Ingredients ▪ Strong pricing actions ■ ■ Volumes resilient 2023 18 2,157 214 9.9% 16.1% 2022 1,827 159 8.7% 14.8% Large increases in costs of raw material and other inputs Change actual fx +18% +35% Change constant fx +15% +28% Significant investment in capacity, capability and water treatment Associated British Foods plc

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