Company Earnings Update 3 minutesRegister for Free AccessAssociated 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? Register for a free user account. This document was generated for Other research you may be interested in: Discount Decades—US Apparel and Footwear Discounters: Set For Market Share GainsInnovator Profile: Machyna—Revolutionizing Retail with Smart Shopping Carts and BasketsUS Watch Market: Traditional Watches Cede Share to Smartwatches, While Luxury Offerings Continue To GrowAvoidance Up, Activities Down: China Consumer Tracker
