Associated British Foods Income Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 13, 2025	Sep '24 Sep 14, 2024	Sep '23 Sep 16, 2023	Sep '22 Sep 17, 2022	Sep '21 Sep 18, 2021	2016 - 2020
Revenue	19,459	20,073	19,750	16,997	13,884	Upgrade
Revenue Growth (YoY)	-3.06%	1.64%	16.20%	22.42%	-0.38%	Upgrade
Cost of Revenue	17,881	18,237	18,407	13,219	10,753	Upgrade
Gross Profit	1,578	1,836	1,343	3,778	3,131	Upgrade
Selling, General & Admin	-67	-73	-60	2,501	2,256	Upgrade
Operating Expenses	-67	-73	-60	2,501	2,256	Upgrade
Operating Income	1,645	1,909	1,403	1,277	875	Upgrade
Interest Expense	-132	-135	-128	-111	-111	Upgrade
Interest & Investment Income	47	71	48	19	9	Upgrade
Earnings From Equity Investments	103	117	124	109	79	Upgrade
Currency Exchange Gain (Loss)	-20	-50	-20	4	-	Upgrade
EBT Excluding Unusual Items	1,643	1,912	1,427	1,298	852	Upgrade
Merger & Restructuring Charges	-64	-2	-3	-	-	Upgrade
Gain (Loss) on Sale of Assets	-41	42	25	-16	24	Upgrade
Asset Writedown	-125	-35	-109	-206	-142	Upgrade
Other Unusual Items	-	-	-	-	-9	Upgrade
Pretax Income	1,413	1,917	1,340	1,076	725	Upgrade
Income Tax Expense	368	437	272	356	227	Upgrade
Earnings From Continuing Operations	1,045	1,480	1,068	720	498	Upgrade
Minority Interest in Earnings	-20	-25	-24	-20	-20	Upgrade
Net Income	1,025	1,455	1,044	700	478	Upgrade
Net Income to Common	1,025	1,455	1,044	700	478	Upgrade
Net Income Growth	-29.55%	39.37%	49.14%	46.44%	5.05%	Upgrade
Shares Outstanding (Basic)	724	751	778	789	790	Upgrade
Shares Outstanding (Diluted)	724	751	778	789	790	Upgrade
Shares Change (YoY)	-3.60%	-3.47%	-1.39%	-0.13%	-	Upgrade
EPS (Basic)	1.42	1.94	1.34	0.89	0.61	Upgrade
EPS (Diluted)	1.42	1.94	1.34	0.89	0.60	Upgrade
EPS Growth	-26.91%	44.35%	51.46%	46.45%	5.04%	Upgrade
Free Cash Flow	1,132	1,750	657	473	862	Upgrade
Free Cash Flow Per Share	1.56	2.33	0.84	0.60	1.09	Upgrade
Dividend Per Share	0.630	0.630	0.473	0.437	0.267	Upgrade
Dividend Growth	-	33.19%	8.24%	63.67%	-	Upgrade
Gross Margin	8.11%	9.15%	6.80%	22.23%	22.55%	Upgrade
Operating Margin	8.45%	9.51%	7.10%	7.51%	6.30%	Upgrade
Profit Margin	5.27%	7.25%	5.29%	4.12%	3.44%	Upgrade
Free Cash Flow Margin	5.82%	8.72%	3.33%	2.78%	6.21%	Upgrade
EBITDA	2,328	2,564	2,016	1,866	1,484	Upgrade
EBITDA Margin	11.96%	12.77%	10.21%	10.98%	10.69%	Upgrade
D&A For EBITDA	683	655	613	589	609	Upgrade
EBIT	1,645	1,909	1,403	1,277	875	Upgrade
EBIT Margin	8.45%	9.51%	7.10%	7.51%	6.30%	Upgrade
Effective Tax Rate	26.04%	22.80%	20.30%	33.09%	31.31%	Upgrade

Updated Sep 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.