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
|Associated British Foods||7.5||2||8.4||1||7.1||4||6.9||3|
|Tate & Lyle||7.1||5||7.4||5||6.8||5||6.4||5|