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Retail

ABF Expecting Slight Decline In Like-For-Like Sales At Primark

Associated British Foods has said that it expects like-for-like sales at its Primark retail division to be down 1% in the second half of its financial year.

The group, which also owns the Twinings and Ovaltine brands, made the announcement in a trading update prior to entering the close period for its interim results for the 24 weeks to 3 March 2018, which are scheduled to be announced on 17 April.

'Unseasonably Warm'

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