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'Record-Breaking' Primark Lifts Associated British Foods Over Christmas

By Steve Wynne-Jones
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Associated British Foods said that its Primark trading division posted 'record' sales in the week before Christmas, boosting the overall group's sales 4% in the 16 weeks to 6 January.

However, the banner's sales in Europe were impacted by warm autumn weather, the company said.

According to a trading update issued this morning, sales at Primark were 7% higher than in the same period last year, at constant currency levels, as a result of increased selling space, which has increased by 0.3 million square feet since financial year end.


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