Thomson ReutersJanuary 17, 2013 04:15
LONDON, Jan 17 (Reuters) - Associated British Foods said group revenue in the 16 weeks to Jan. 5 was 10 percent ahead of last year, driven by a higher-than-expected 25 percent increase in sales at clothing retailer Primark.
At discount retailer Primark, where new store openings also helped sales, "like-for-like growth benefited from comparison with weak sales during the unseasonably warm autumn of 2011 and good trading over the Christmas period," AB Foods said in a statement on Thursday.
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