Company Earnings UpdatePrimark (LSE: ABF) 1H18 Results: A Warm October Dents Sales Growth Coresight Research April 18, 2018 Executive Summary Primark’s parent, Associated British Foods (ABF), reported results for the first half ended March 3, 2018. This report focuses on results for Primark, the company’s retail division. Primark’s 1H18 sales grew by 7% at constant currency and by 8% as reported, driven by increased selling space. Primark’s comparable sales fell by 1.5%, as growth was hindered by an unseasonably warm October—a month when comps saw a “significant decline.” The operating margin was 9.8%, down by 20 basis points from the same period last year. 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: High-Income Consumers Drive Uptick in Financial Optimism; Inflation Awareness Down Versus Early 2025: US Consumer Survey InsightsAnalyst Corner: From Models to Markets—The Accelerating Shift Toward AI Applications, with Charlie PoonAnalyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand KumarUS Holiday 2025: Early Outlook—Improving Signals, But Will It Last?
