Britain's Most Admired Companies 2011: Food producers & processors sector

The food business has been feeling the economic chill, but there is still plenty of dough in bread - and dairy, spreads, sweeteners, ready meals...

by MT Staff

- Go to the BMAC homepage

Another strong performance from Unilever, following its first BMAC win last year, topping its sector by a hefty six points to finish eighth overall. The Marmite to Persil giant recently acquired 82% of Russian beauty company Concern Kalina for €390m. A surge in profits at ABF’s sugar arm helped keep FY11 pre-tax profits steady at £757m, despite an 8% fall in profit at discount clothing chain Primark. Irish dairy giant the Kerry Group is confident of achieving full-year growth targets of 8% to 10%. Having sold its sugar-refining business last year, Tate & Lyle surprised investors with a 19% rise in first half operating profits last month.  Glanbia – also Irish – supplies the cheese for McDonald’s in the US and is planning a €200m expansion drive.

BMAC 2011 by sector: Food producers & processors

  QMan Rank FS Rank QG&S Rank AAT Rank
Associated British Foods 7.5 2 8.4 1 7.1 4 6.9 3
Bakkavor 6.0 8 2.8 8 6.8 5 4.8 8
Compass Group 7.0 6 8.0 3 6.5 7 6.5 4
Glanbia 7.2 3 7.0 6 7.2 3 6.2 6
Greencore Group 6.3 7 6.0 7 6.5 7 6.0 7
Kerry Group 7.8 1 7.5 4 7.3 2 7.3 2
Premier Foods 3.6 9 2.3 9 5.8 9 4.1 9
Tate & Lyle 7.1 5 7.4 5 6.8 5 6.4 5
Unilever 7.1 4 8.3 2 7.6 1 7.6 1

6.6
6.4
6.8
6.2

(Continued)

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