Associated British Foods PLC (LSE:ABF)
£ 27.3 -0.08 (-0.29%) Market Cap: 20.51 Bil Enterprise Value: 23.01 Bil PE Ratio: 17.66 PB Ratio: 1.86 GF Score: 86/100
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Q1 2023 Associated British Foods PLC Trading Statement Call Transcript

Feb 27, 2023 / 11:00AM GMT
Release Date Price: £19.75 (+1.44%)
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, John Bason, Finance Director. Please go ahead.

John George Bason
Associated British Foods plc - Finance Director & Executive Director

Thank you very much. Well, good morning, everyone, for the fourth time. So let me start with an apology and thank you, everybody, for your patience with the line dropped a couple of times. And then we had a power surge which knocked the lines out and also set off a fire along. So we thought it was in the best interest to delay the call to 11:00.

So I can imagine you all have full morning, so thank you for reorganizing your time this morning. I'm going to make a few introductory remarks, and then I think the best value from this is a Q&A session.

So this is a preplan statement, and it deals with the half year. The period

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