Insight Reports 3 minutes PremiumPRIMARK TEPID COMPS AND A HIT TO MARGINS AT PRIMARK Coresight Research November 4, 2015 Executive Summary Primark sales were up 13% at constant exchange rates and up 8% in British pounds. Spain, Portugal and Ireland performed “very well,” and UK comps were positive. Operating profit was up 5% at constant foreign-exchange rates and up 2% in British pounds. Operating margin was down 79 basis points, to 12.6%. Parent company Associated British Foods is a conglomerate and does not report further measures of profitability at the level of its Primark segment. This report is for Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in: