Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Primark sales soar despite poor weather

Value retailer Primark has reported a 16% jump in sales despite the impact of cold and wet weather in April.

Primark’s revenue rise in the 40 weeks to June 23 was driven both by an increase in selling space and a like-for-like advance, parent Associated British Foods reported.

In its third quarter updated the retailer said: “Since the half year, the monthly sales pattern has seen more variability than usual as a result of unseasonal weather. 

“Trading in the UK and Ireland during the quarter was good with the exception of April when cold and wet weather led to weak sales.”

Operating margins are improving in the second half, reflecting lower input costs.

In continental Europe, trading was “healthy”.  During the third quarter Primark opened four shops, all in Spain. Yesterday the retailer opened its first store in Berlin.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.