Company Earnings UpdatePRIMARK (LSE: ABF) FY18 Results: Strong Summer Sell Through, Weakening US Dollar Revives Margins Coresight Research November 7, 2018 Executive Summary Associated British Foods (ABF) reported results for FY18 ended September 15. This report focuses on results for Primark, the company’s retail business. Primark grew FY18 sales by 5.2% at constant currency, driven by a strong UK performance. Operating profit jumped 15% (13% at constant currency) to deliver an operating margin of 11.3%, up 90 basis points (bps) from FY17. During the year, Primark expanded retail selling space by a net 0.9 million square feet. The retailer plans to add over 1 million square feet of net selling space in FY19. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in Global Luxury Retailing: Kering vs. LVMHFinancial Confidence Reaches Five-Month High: Weekly US Consumer Sentiment, Week 26, 2025—InfographicUS Back to School 2025, Part 3: Essential Categories and Apparel for the BTS Season—Athleisure and Basics Set to LeadUS Retail in the Rest of 2025: Normalized Demand and Leaner Inventories Ahead of a High-Stakes Holiday Season
