Insight ReportPrimark (LSE: ABF) FY16 RESULTS: SOFT COMPARABLE SALES AND RAPID SPACE EXPANSION Coresight Research November 9, 2016 Executive Summary Primark’s owner Associated British Foods (ABF), reported its FY16 results for the year ended September 17, 2016. This flash report will only focus on Primark, ABF’s retail division. Primark revenues for FY16increased 9.0% year over year at constant currency, and reported sales increased 11.0% year over year to £5,949 million. Comparable-store sales decreased by 2.0% year over year. For FY16, Primark’s operating profit margin was 11.6%, down 100 basis points from 12.6% in FY15, driven by the euro’s weakening against the US dollar. 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: Analyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John MercerThe State of In-Store Retailing 2025: The Dawn of New-Age Stores, Powered by TechnologyMixed Sentiment Trends Ahead of August 1 Tariffs; Plus, Luxury Shopping in Focus: US Consumer Survey InsightsAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav Pitaliya
