Company Earnings UpdateAssociated British Foods (LSE: ABF) 1H19 Results: Operating Profits Beat Consensus; Poor German Sales Weigh on Eurozone Comps Coresight Research April 25, 2019 Executive Summary Associated British Foods (ABF) reported results for 1H19, ended March 2. This report focuses on results for Primark, the company’s retail business. Primark grew 1H19 sales 4.0% at constant currency to £3.63 billion (up 4% as reported), marginally ahead of consensus, driven by increased retail selling space. Primark kept its FY19 outlook unchanged, with adjusted operating profit and adjusted earnings per share for FY19 expected to be in line with FY18. 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: Financial Sentiment Turns Negative; Tariff Pessimism Deepens; Inflationary Trade-Down Persists: US Consumer Survey InsightsBreathing Space for US Retailers and Brands: US Tariffs Paused for 90 Days But Hiked Further for ChinaPutting the “AI” in “Airlines”: Insights from CES 2025Sector Focus: Luxury Goods—Data Graphic
