Primark profits soar driven by sales increase in all markets

Primark in New York

Value fashion retailer Primark posted a rise in profits as sales increased in all markets across the UK, Europe and the US in the full year ending September, 2023.

In a trading update by parent company Associated British Food (ABF), Primark posted operating profits of £717m, up 30% as compared to the £550m in profits reported last year.

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