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Primark owner AB Foods maintains year guidance

Published 09/07/2015, 07:29
Updated 09/07/2015, 07:35
© Reuters. An invited guest stands in a store of clothing retailer Primark before its opening in Berlin
ABF
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LONDON (Reuters) - Associated British Foods (L:ABF), owner of budget fashion retailer Primark and British Sugar, on Thursday maintained current year guidance after posting a small rise in year-to-date revenue.

The firm said it still expected a modest decline in adjusted earnings per share in the 2014-15 year from the 104.1 pence made in the previous year.

Group revenue for 40 weeks to June 20 was 2 percent ahead on a constant currency basis and level at actual exchange rates.

© Reuters. An invited guest stands in a store of clothing retailer Primark before its opening in Berlin

Primark's sales were 13 percent ahead on a constant currency basis and 9 percent up at actual rates.

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