Company Earnings Update 3 minutesRegister for Free AccessPrimark (LSE: ABF) 9M18 Trading Update: Improved Comparable Sales Driven by Better Trading in the Eurozone Coresight Research July 6, 2018 Executive Summary Associated British Foods (ABF) reported its 9M18 trading statement for the 40 weeks ended June 23, 2018. This report focuses on Primark, the company’s retail division. In its 9M18 update, Primark reported a year-over-year revenue increase of 7% and an increase of 6% at constant currency. Primark has expanded its selling space by 0.8 million square feet since the beginning of the fiscal year. For FY18, management expects improvement in Primark’s margins to result in higher profit growth. 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: Weinswig’s Weekly: Retail Media Networks Present a Challenging but Highly Rewarding OpportunityData Dive: When Will US Grocery Unit Growth Turn Positive?March 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer SentimentSeptember 2023 US Retail Sales: Retail Spending Outpaces Retail Inflation as Consumers Remain Healthy
