Company Earnings Update 3 minutesRegister for Free AccessPrimark (LSE: ABF) 1H18 Results: A Warm October Dents Sales Growth Coresight Research April 18, 2018 Executive Summary Primark’s parent, Associated British Foods (ABF), reported results for the first half ended March 3, 2018. This report focuses on results for Primark, the company’s retail division. Primark’s 1H18 sales grew by 7% at constant currency and by 8% as reported, driven by increased selling space. Primark’s comparable sales fell by 1.5%, as growth was hindered by an unseasonably warm October—a month when comps saw a “significant decline.” The operating margin was 9.8%, down by 20 basis points from the same period last year. 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: Introducing the New Tech 25 for ’25: Retail-Tech Companies To Watch—InfographicShoptalk Europe 2023 Wrap-Up: Exploring the Role of Key Technologies and Channels in the Future of Retail—Autonomous Stores, Generative AI, Retail Media and MoreWeekly US and UK Store Openings and Closures Tracker 2024, Week 2: Bodycare To Open 20 UK StoresShoptalk 2023 Day Three: Web3—Spurring Change Across the Retail Chain