Company Earnings Update 3 minutesRegister for Free AccessAssociated 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? Register for a free user account. This document was generated for Other research you may be interested in: US and UK Retail Bankruptcies Latest, August 2023: Wilko Administration Bucks UK Discount Growth TrendGenerative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New ProductsFewer Consumers Report Inflation-Induced Shopping Changes: US Consumer Survey InsightsData Dive: How Many Grocery-Store SKUs Are KVIs?
