Primark earnings jump despite weather hit

City A.M.

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Budget retailer Primark has seen annual earnings jump by more than 50 per cent in spite of an early summer weather hit to sales. Owner Associated British Foods reported a 53 per cent rise in operating profits at Primark, to £1.1 billion over the year to September 14 as groupwide like-for-like sales lifted 1.2 per [...]

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