Insight ReportPRIMARK (LSE: ABF) 1Q18 Trading Update: Retail Space Expansion Drives Sales Growth Coresight Research January 19, 2018 Executive Summary Primark’s sales increased by 7% at constant currency and by 9% as reported, in the 16 weeks ended January 6, 2018, driven by growth in selling space. The company observed “strong” comparable sales in the UK. Unusually warm October weather hindered sales in Europe, although sales improved later in the five weeks to Christmas. Management expects Primark’s operating margins for 1H18 to be similar to last year’s levels. The company plans to open 1.2 million square feet of selling space over FY18. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Walmart Investment Community Meeting 2025: From Low-Margin Retailer to Diversified, Digital Profit Engine, But Tariffs Create UncertaintyConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsResearch Preview: Agentic Commerce—Retail Moves to Product Visibility and Checkout on ChatGPTWeekly US Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 146 More Stores Than Announced
