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ABF warns of "challenging" trading at Primark

ABF warns of "challenging" trading at Primark

Tis the season for festive jumpers, but it’s been a slow start for the festive season at Primark. Ahead of its annual general meeting Associated British Foods (ABF) stated that trading at Primark during November was “challenging”. But “careful inventory management and improved margins” are expected to offset most of the damage, and so ABF still expects Primark to report an increase in profits.

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