Primark has reported higher revenues on the back of new store openings, as UK like-for-like sales dipped marginally lower.
Associated British Foods
FTSE investors on Friday decided they had enough of their plummeting stock, pushing London’s top index back up after what has been a nightmare week.
Primark owner Associated British Foods has told shareholders it is on course to hit expectations, with strong growth expected in its sugar division, although profits at the fashion chain will take a slight hit.
Primark owner Associated British Foods hailed a “resilient” year as it was boosted by the continued expansion of the high street fashion store and robust grocery sales.