Primark continued to resist the pressures of the economic downturn today as it revealed robust sales and predicted healthier profit growth in the months ahead.
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Primark owner Associated British Foods (ABF) said in a trading update today, ahead of its interim results on April 24, that its figures will be in line with expectations.
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PRIMARK owner Associated British Foods (ABF) today announced another strong performance from its high street chain, and its sugar division, have boosted revenues by 12%.Read
PRIMARK owner Associated British Foods (ABF) recorded a 9% increase in annual revenues for the 52 weeks to September 17, but saw pre-tax profits fall 1% after choosing not to pass on raw material price rises to its customers.Read
PRIMARK owner Associated British Foods (ABF) said its full year figures should be similar to last year’s “very strong results”, which benefited from 53 weeks of trading.Read
PRIMARK owner Associated British Foods (ABF) said it is on course to repeat last year’s “very strong result” in a trading update today, leading to Liverpool stockbroker Panmure Gordon restoring the stock to its ‘buy’ list.Read
PRIMARK owner Associated British Foods warned of flat annual earnings, after it pledged to keep the retail chain’s price tags competitive in the face of soaring cotton costs.Read
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