Insight Report 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 paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Retail Innovation in China: Insights Presented at Shoptalk 2024Weinswig’s Weekly: The Singles’ Day Trifecta—Discounting, Livestreaming and AIIs Influencer Marketing Still Effective in the Global Beauty Market?Weekly US and UK Store Openings and Closures Tracker 2023, Week 44: Poundland Drives UK Store Openings