Primark Continued Strong Annual Sales Expected To Grow By 17%

　 Associated British Foods PLC (ABF.L) released the latest full year forecast today. Sales of the group's retail clothing brand Primark under the fixed exchange rate of the whole year is expected to grow by 17%, and the actual growth rate is expected to be 16%.

ABF said that the excellent results of Primark came from the expansion of the retail area, while the same store sales expectations also increased by 4.5%, ABF said Primark in the Zara stronghold Spain's performance is particularly good. John Bason, chief financial officer of ABF, has interviewed the media after the three quarter earnings report. She has said that Primark has surpassed the franchised store brand in terms of revenue or brand, and the brand of the world's largest fast fashion group Inditex SA (ITX.MC).

　　 ABF At the same time, because the performance of Primark will offset the decline in sugar products profits, the earnings per share in the /2014 fiscal year ending September 13, 2014 to 2013 (2013 stores) will be 98.9 pence higher than that in the previous fiscal year.

ABF will be released in November 4th. Financial Report 。