Company Earnings Update 3 minutesRegister for Free AccessPrimark (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? Register for a free user account. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Beauty—Coming Soon to a Livestream Near YouFebruary 2023 UK Retail Sales: Total Sales Post Strongest Growth in a YearEarnings Insights 4Q23, Week 4: Gildan Activewear, Sprouts Farmers Market and Walmart See Strong Sales Growth; The Home Depot Sees a DeclineGroceryshop 2023 Day Three: Opportunities in Grocery in 2023 and Beyond