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Annual General Meeting

Annual General Meeting. A finance perspective o f the year John Bason 7 December 2012. A year of strong growth. 2. Substantial cash flow. 3. Group financial strength. Conservative level of debt – reduced to £ 1.06bn Well-funded pension arrangements – modest deficit

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Annual General Meeting

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  1. Annual General Meeting A finance perspective of the year John Bason 7 December 2012

  2. A year of strong growth 2

  3. Substantial cash flow 3

  4. Group financial strength Conservative level of debt – reduced to £1.06bn Well-funded pension arrangements – modest deficit Diversified sources of funding 4

  5. Business highlights Profit • growth driven by Sugar, Primark and TwiningsOvaltine • another good year for Agriculture • restructuring in Australia and Ingredients Improvement in group profit margin and return on capital 5

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