Associated British Foods H1 2024 Interim Results Review

Associated British Foods reports strong interim results for the 24 weeks ended March 2, 2024, with revenue of £9.7bn and adjusted operating profit of £951m. Margins normalized across Primark and food businesses, supported by improved supply chains and digital strategy progress including Click + Collect services. The company maintained strong cash generation and shareholder returns through increased interim dividends and ongoing share buybacks.