Company Earnings UpdateAssociated British Foods (LSE: ABF) 1H19 Update: German Weakness Drags Down Eurozone Growth and Prompts Marketing Investment Coresight Research February 26, 2019 Executive Summary Associated British Foods (ABF) issued a pre-close trading update for 1H19, which ends March 2, 2019. This report focuses on Primark, ABF’s retail division. First-half comparable sales at Primark are expected to be down 2% and total sales are expected to be up 4% both as reported and at constant currency; both figures are broadly in line with consensus. UK comparable sales are expected to be flat year over year. Eurozone comps are expected to be down 3%, with Germany continuing to prove weak. 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: Retail Trends and Shopper Traffic Update, Q4: Early Findings & Strategic OutlookInnovator Profile: PlayAbly—Creating Engaging, Branded Experiences with AI-Powered Shoppable GamesLuxury Shopping in Focus; Sentiment Slumps Overall Amid Tariffs: US Consumer Survey InsightsFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s Next
