Jan 19 2018
The retailer's operating margins in the first half of AB Foods' financial 2018 are expected to be close to those reached at the same period past year, with purchasing control offsetting the adverse effect of a weaker pound, said AB Goods.
The owner Primark has posted a rise in group revenue for the 16 weeks to 6 January, particularly helped by a strong performance at the budget fashion retail chain.
Ingredients sales fell 1%, mainly due to foreign exchange headwinds, but AB Foods sees margins improving in the full year.
Primark sales in the 16-week period rose 9% on the previous year with "strong" like-for-like sales in the United Kingdom as it increased its market share. Primark achieved record sales in the week before Christmas.
Operating margins in the first half are expected to be broadly unchanged from a year ago as tightly managed stock offset the impact of a weaker sterling against the dollar.
However, the banner's sales in Europe were impacted by warm autumn weather, the company said.
Associated British Foods on Thursday said that group revenue for the four-month period had increased by 4 per cent at constant currency rates and by 3 per cent at actual rates.
Man wears 8 pairs of pants , 10 shirts; gets arrested
After he gave his statement to police he returned to the airport to get an EasyJet flight he had booked for the next day. According to authorities, he managed to put on eight pairs of jeans and ten shirts - not once, but TWICE over two days.
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Funky Kong can double jump, hover, perform infinite rolls and even perform infinite underwater corkscrews. Donkey Kong will be exclusive to this brand new adventure, planned for release in spring 2018.
Primark opened five stores over the 16-week period and added 1.1 million sq ft of space to its estate throughout the year, bringing its total estate to 350 stores and 14.2 million sq ft.
AB Sugar's revenue fell 13% at actual exchange rates and 12% in constant currency.
Elsewhere in the AB Foods conglomerate, the company reported good recent sales growth for its Twinings and Ovaltine brands, as well as stronger volumes at its Kingsmill and Allinson bakeries business.
Elsewhere there was a 13pc decline in revenue from its sugar division, driven by significantly lower European Union sugar prices, which adversely affected the company's United Kingdom and Spanish businesses.
The company's effective tax rate for financial 2018 is expected to fall by 100 basis points, following the recent USA tax reforms.
Meanwhile the group said that retail trading in the USA "has continued to make progress".
Jan 18 2018
Firefighter catches child while battling house fire
A firefighter's body camera captured an incredible rescue, as a fellow firefighter caught a child thrown from a burning building. Scott Stroup , a third-generation firefighter, catching a child thrown by a parent from a third-floor balcony on January 3 .
Jan 17 2018
Four officers shot in SC
Multiple agencies then began "actively looking for the suspect" and issued emergency alerts to area residents, Faris said . The three deputies and one police officer were rushed to nearby hospitals where their conditions are unkown. .
Jan 16 2018
San Francisco Giants Trade for Andrew McCutchen
The San Francisco Giants have acquired Andrew McCutchen from the Pirates in exchange for Kyle Crick and other unknown players. Neal Huntington and his staff will save $14.5 million from McCutchen's contract, barring what they get in return.
Jan 14 2018
Researchers claim to find a way to infiltrate WhatsApp Group chats
The researchers detailed the findings at the Real World Crypto security conference in Zurich on Wednesday, according to Wired . He says that users would be notified when a new person enters the group, which prevents "silent eavesdropping".
Jan 14 2018
Ritz Paris raid bags millions in jewellery
Diana, Princess of Wales dined at the hotel shortly before she was killed in a vehicle crash on the night of August 31, 1997. It is estimated that the jewelry is worth 4.7 million euros. "They were after the jewellery on display at the hotel".
Jan 14 2018
Taylor Swift Bling, Blings Around the World in End Game Video
If you paid attention to the juice box Swift was holding, you might have expected the words to translate into some hidden message. We'll just leave this gif of Taylor Swift winking at us right here and wait for more juicy fan theories from you guys.
Jan 14 2018
Power outage hits CES, social media mocks electronics show
A major power outage hit CES Wednesday, leaving parts of the world's largest consumer electronics show in darkness. Playing both sides, Panasonic also showed how it is bringing Google Assistant technology to cars as well.
Jan 13 2018
UK PM May names new Northern Ireland minister after Brokenshire resigns
A spokesman for Fermanagh Sinn Fein said: "We wish James Brokenshire well in the time ahead and hope he has a speedy recovery". Mrs Karen Bradley also said she was "delighted to be in Belfast".
Jan 13 2018
South Korea's Moon calls for Japan's 'sincere apology' over comfort women
Kang added that South Korea hoped Japan would offer the victims what they still sought - "a voluntary and honest apology". Japan colonised the Korean peninsula between 1910 and 1945 and occupied parts of China before and after the war.
Jan 11 2018
Serena Williams' daughter is 'Vogue's youngest-and most adorable-cover star
She will be defending her Australian Open title in March at Indian Wells, and will also debut a new clothing line in March on her website.
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