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Sales at Primark contributes over half of AB Foods' annual profit

AB Foods expects year profits to meet forecast

Associated British Foods has today maintained its full-year earnings forecast, as progress at Primark and in its grocery, ingredients and agriculture businesses helps to offset declines in its sugar unit and a currency hit.

Business • 07 Sep 15

AB Foods said today its trading outlook for the full 2014-15 year was unchanged

AB Foods lowers earnings guidance on currency woes

Associated British Foods has edged down its full-year earnings guidance on foreign currency concerns.

Business • 21 Apr 15

Associated British Foods reports growth at its Primark discount fashion chain

AB Foods maintains year earnings guidance

Associated British Foods has reiterated its annual earnings expectations, helped by strong demand and increased store space at its Primark discount fashion chain.

Business • 23 Feb 15

Primark's sales over Christmas have been described as strong by its parent group

AB Foods expects marginal decline in earnings

Associated British Foods has today forecast a marginal decline in full year earnings.

Business • 15 Jan 15

Sales at Primark stores open over a year were below company expectations

Primark sales growth held back by warm weather

Underlying sales at the Primark discount fashion chain were below expectations in the first two months of its 2014-15 year due to unseasonably warm weather.

Business • 05 Dec 14

AB Foods' adjusted profit before tax increased 2% to £1.11 billion

Primark owner AB Foods' annual earnings rise 6%

Associated British Foods posted a 6% rise in full year earnings, with strong performances from its Primark discount fashion chain and grocery division offseting the adverse impact of lower sugar prices.

Business • 04 Nov 14

Primark opens new store in Venlo in The Netherlands

Primark opens ninth Dutch store

Primark today opened its ninth store in the Netherlands, in the city of Venlo.

Business • 23 Sep 14

Strong Primark performance offsets weak suger division for AB Foods

AB Foods maintains full year guidance

Associated British Foods has maintained its annual earnings guidance, with a good finish to the year from Primark offsetting continued weakness in its sugar operations.

Business • 08 Sep 14

Primark's sales increased 22% at a constant currency basis in the 16 weeks to June 21

AB Foods raises annual earnings guidance

Associated British Foods raised its annual earnings guidance after a strong Q3 performance from Primark more than offset continued weakness in its sugar operations.

Business • 10 Jul 14

Taoiseach Enda Kenny opens new Primark store in Berlin

Berliners flock to new Primark store

Thousands of bargain hunters flocked to a new Primark store in the heart of Berlin today.

Business • 03 Jul 14

Enda Kenny at the opening of the new Primark store in Berlin, the firm's 13th store in Germany

Taoiseach opens Primark store in Berlin

Taoiseach Enda Kenny has opened a Primark store in Berlin, the 13th outlet to open in Germany since the Irish brand first entered the market in 2009.

News • 03 Jul 14

Primark set to open its first store in the US in Boston

Primark to open stores in US as H1 sales rise

Primark, the fast-growing clothing chain owned by Associated British Foods, is to enter the US.

Business • 23 Apr 14

Activists demonstrated on the site where the building collapsed six months after the disaster

Penneys to pay $10m to factory collapse victims

Fashion chain Penneys is to pay a further $10m in compensation to victims of the collapse of the Rana Plaza factory in Bangladesh in April last year that killed more than 1,100 people.

News • 18 Mar 14

AB Foods said Primark's first half sales are expected to be 13% ahead of last year

Penneys' owner AB Foods maintains year guidance

Associated British Foods has maintained its full year earnings expectations as a strong first half performance from its Primark chain offset more weakness in its sugar business.

Business • 24 Feb 14

Primark growth of 12% helped AB Foods make up for a fall of 27% in its sugar business

Primark props up sales at AB Foods as sugar slumps

Associated British Foods said sales at its Primark discount fashion chain recovered over Christmas after they were dampened by unseasonably warm autumn weather.

Business • 16 Jan 14

Primark expects to add over 1 million square feet of selling space in 2013-2014

AB Foods says Primark sales still growing

Primark, the British discount fashion retailer owned by Associated British Foods, has seen further growth in underlying sales since September.

Business • 06 Dec 13

Penneys submits plans for international HQ

Fashion chain Penneys has submitted a planning application which, if approved, will see it expand its international headquarters in Dublin city centre.

Business • 29 Nov 13

Primark owner AB Foods reports 13% rise in full year profits

AB Foods results beat forecasts on Primark growth

Associated British Foods reported a 13% rise in full-year profit today as its Primark discount fashion chain expanded apace.

Business • 05 Nov 13

Primark has announced plans to pay long-term compensation to the victims of the disaster

Primark to compensate Bangladesh collapse victims

Primark has announced plans to pay long-term compensation to the victims involved in the Bangladesh building collapse in April, or to their families.

News • 24 Oct 13

Sales at Primark up 22% so far this year

Primark lifts sales for upbeat AB Foods

Associated British Foods is seeing signs of improving consumer confidence, with a strong performance from its Primark chain helping to lift third-quarter sales by 8%.

Business • 11 Jul 13

Primark was supplied by one of the factories operating at Rana Plaza

Oxfam Ireland welcomes Primark compensation move

Oxfam Ireland has welcomed the move by Primark to compensate families of workers killed while making its clothes in a factory which collapsed in Bangladesh.

News • 30 Apr 13

Primark occupied a floor of the eight-storey building in Bangladesh

Primark to aid Bangladesh disaster families

Bosses at Primark have said they will pay compensation to the families of their workers involved in the Bangladesh building collapse that took the lives of 400 people.

Business • 30 Apr 13

Primark owner AB Foods reports 20% increase in H1 profits

Primark drives AB Foods profit rise

Associated British Foods has predicted its Primark discount clothing chain would remain Britain's fastest growing major retailer this year.

Business • 23 Apr 13

AB Foods says Primark drives better first half

Associated British Foods today forecast first half results ahead of its expectations at the start of the year, driven by the performance of its Primark discount fashion chain.

Business • 25 Feb 13

25% increase in Primark sales over key Christmas shopping period

Primark sales rise drives AB Foods revenue higher

Associated British Foods said group revenue in the 16 weeks to January 5 was 10% ahead of last year.

Business • 17 Jan 13