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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Half Year 2023 Associated British Foods PLC Earnings Call Transcript

Apr 25, 2023 / 08:00AM GMT
Release Date Price: £19.84 (-3.03%)
George Garfield Weston
Associated British Foods plc - CEO & Executive Director

Thank you all very much for joining us in person today, and thank you for those of you who are online. Before I get into the results presentation, I have a few comments to make about our beloved friends on the right. I think all of you know that today is John's last time presenting ABF results. He was appointed our Finance Director on the fourth of May 1999. Just a week short of -- I'm sorry, not 40 of 24 years ago. When my daughter who's just graduated University last summer, was 6 months away from being born. We've established that he's been around for a long time. The big question is, has he been any good? And we've been doing a bit of internal research. This isn't audited. I warn you.

We've had a look at the 35 survivors in the FTSE or the companies in the FTSE100 who existed when -- who were in the FTSE100 when John started up as Finance Director. The first point to make, and it's kind of important in a family company, especially when I'm family, is that we're still alive. Your 2/3 of the constituents aren't

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