Insight Report 3 minutes PremiumPrimark (LSE:ABF) 1H16 Results: Revenues Rise, but Margins Take a Dip Coresight Research April 19, 2016 Executive Summary Primark’s revenue was £2,667 million for 1H16 (ended February2016), up 4.7% from 1H15. Its interim operating margin fell by 91 basis points year over year, to 11.7%. Primark’s parent firm, Associated British Foods (ABF), reported adjusted basic and diluted EPS of 46.1 pence for the period, unchanged from 1H15 but above the consensus estimate of 42 pence. The company noted that Primark has been well received by customers in the US since its launch in the country in September 2015. Management said that “footfall and sales density have increased steadily as awareness of the Primark brand…continues to grow.” Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Generative AI Latest: The Rise of RAG, Updates from Amazon, Meta and OracleAnalyst Corner—Tracking Category Trends: A View of the US Apparel and Footwear Market with Sunny ZhengE-Commerce Outlook: European Apparel and Footwear—Poised for Growth in 2023 and BeyondAnalyst Corner—The Latest on US GDP, with John Mercer