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: September 2024 US Retail Sales: Retail Sales Growth Eases Further as Sectors See Mixed GrowthUS Consumer Tracker: A Potential Shift from Services to Retail?Consumers Maintain Consistent Summer Spending Patterns: US Consumer Tracker 2023, Week 322Q23 US Earnings Season Wrap-Up: A Mixed Picture Due to Weak Demand and Higher Interest Rates
