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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Diversified Food - Major > Associated British Foods plc

Associated British Foods plc
OTC: ASBFY
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 PROFILE
Some companies might claim to be the best thing since sliced bread, but Associated British Foods (ABF) "is" sliced bread. ABF, which introduced sliced bread in the UK during the 1930s, makes the UK's popular Allinson and Kingsmill brands. ABF also serves up a full dish of teatime snacks, including Ryvita crispbread, Nelsons jams, and Twinings teas. The company sold its Burtons Biscuits unit to US investment firm Hicks, Muse, Tate & Furst. Its British Sugar subsidiary makes Silver Spoon sugar; other divisions make glass, food ingredients, and feed. ABF operates the Penneys and Primark clothing store chains in Ireland and the UK. The Weston family owns about 60% of the company.

 COMPETITION
Hillsdown Holdings Ltd. (dossier)
Tate & Lyle PLC (TATYY)
United Biscuits (Holdings) plc (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 6,445.50
1-Yr. Sales Growth: (8.9)%
Employees: 34,372
Revenue per employee: $187,521.82

 KEY PEOPLE
• Peter J. Jackson
    CEO
• John G. Bason
    CFO

 CONTACT INFO
Weston Centre, Bowater House, 68 Knightsbridge
London SW1X 7LQ, United Kingdom
Phone: 44-20-7589-6363
Fax: 44-20-7584-8560
Online: Web Site

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