The outlook for ABF's full year as a group remains unchanged, while operating margins are also expected to be roughly the same as last year. But while like-for-like sales in the United Kingdom were "strong", its mainland European business was held back by unusually warm weather in October, it said.
On Thursday the group forecast a sugar revenue and profit decline greater than indicated in November, primarily as a result of significantly lower European Union prices, which hit its British and Spanish businesses.
Associated British Foods said sales for the 16 weeks to 6 January 2018 at Primark were 7 per cent ahead of those reported past year at constant currency driven by increased retail selling space.
The food, ingredients and retail group said it delivered revenue growth across all businesses apart from sugar, which saw revenue fall 13%.
In the United Kingdom, which contributes about half of Primark's revenue, the retailer reported "strong" like-for-like sales growth and market share gains. Primark achieved record sales in the week before Christmas. The company said that it expects 2017 earnings will benefit from a non-underlying one-off non-cash credit from the revaluation of U.S. deferred tax liabilities.
Revenues from continuing operations were 12% behind last year at constant currency, leading to a likely profit reduction greater than previously forecast in the financial year to September. Grocery sales climbed 1pc, thanks to "good sales growth" from Ovaltine and Twinings.
The company's effective tax rate for financial 2018 is expected to fall by 100 basis points, following the recent US tax reforms.
"And after a bumper Christmas, proving Primark can maintain sales to offset weakness elsewhere will be a key challenge when it publishes Q2 results in late February".
Volumes at Allied Bakeries remained strong and some progress had been made in reducing the loss for this financial year, said ABF.
The couple met when Podest Ruiz was Ciuffardi's boss, prompting the pontiff to remark, "And she's still the boss, right?" Mapuche and Chilean government leaders have said they hope Pope Francis can facilitate dialogue.
West Texas Intermediate and international-benchmark crude oil futures posted a two-sided trade on Wednesday before closing higher. At the same time, the pressure to change the strategy will probably ease in the coming weeks with the depreciation of oil.
Last weekend, it moved up to #1 and this past weekend, it will remain there without much competition from any of the new movies. That number would bring Jumanji's domestic total to $283.2 million after 26 days in theaters.
And Watzke admits talks between Aubameyang and the club must take place before he can be welcomed back into the side. Meanwhile, Walcott, who has not started in the Premier League for Arsenal this season, is expected to join Everton.
OnePlus also clarified that they have been shifting away from Magento platform and re-designing their website with custom code. It takes all data submitted through the payment portal and submits it to a website created by the researchers at Fidus .
Samuel allegedly told investigators that Blaze walked off by himself and that an hour later, he couldn't find him. He reportedly posted on social media about his love of the Bible and guns, while defending the Confederate Flag .
But Rappler's existence remains challenged by outstanding issues about its foreign investments that the SEC decision has raised. On Monday, the Philippine Government revoked the operating licence of news website Rappler , officials said .
NOAA also reported that Arctic sea ice extent in 2017 was the second-smallest for an annual average since records started in 1979. Every year, NASA collects data on the planet's temperature record and releases a report that explains climate trends.
One of those pictures posted on the internet shows the whole controller with the new designed model with its new features. Microsoft's Xbox Elite Controller was an expensive $149 controller that gave players more flexibility when playing games.
The long and narrow dinosaur skull is similar to a Velociraptor's , a shape that is unique among other bird-like dinosaurs. Dongyu Hu, a professor in the College of Paleontology at the Shenyang Normal University, led the study.
Chelsea Told To Pay £20 Million For Andy Carroll
The 25-year-old is five games without a goal , but it is the missed chances that have got Chelsea fans thinking about a change. Chelsea boss wanted to sign Fernando Llorente in the summer, but the Spanish striker opted to join Tottenham instead.
Cavani Equals Zlatan Record As PSG Destroy Dijon
Neymar struck a 31 minute hat-trick before the biggest talking point of the game arrived seven minutes from time. The Uruguay forward has the same number as Zlatan Ibrahimovic , who played for PSG between 2012-16.
Bank of Canada hikes rates, takes dovish tone amid…
Canada sends roughly three-quarters of its exports to the US , or the equivalent of 20% of total economic output. EST, the Canadian dollar was trading almost unchanged at $1.2427 to the greenback, or 80.47 US cents.
Trump White House Tell-All 'Fire and Fury' Becoming a TV Series
Wolff is set to executive produce the series, with veteran Channel 4 and BBC executive Michael Jackson also attached to produce. Melania Trump, who had been assured by her husband that he wouldn't become president, could return to inconspicuously lunching.
Returning to Stanford for senior year
As a result, Love will head back to Palo Alto and should enter 2018 as one of the leading Heisman Trophy contenders. Heisman Trophy runner-up and Doak Walker Award victor Bryce Love is returning to Stanford for his senior season .
Nigeria army releases 244 who denounced Boko Haram
The video also features some of the Chibok girls, one of them speaking in Hausa saying they are not returning home. At least 14 of the 276 girls who were abducted by Islamic militants Boko Haram in 2014 were seen in the tape.
Danica Patrick Confirms Aaron Rodgers Dating Rumors
New photos published by " TMZ " show that they enjoyed a meal on January 13, at The Mission eatery in Scottsdale, Arizona. Patrick, a Chicago Bears fan, confirmed Monday she is dating the Green Bay Packers quarterback.
Detroit man deported to Mexico after 30 years in US
All of that did not matter, as ICE agents told the Garcias in November that their father/husband will be deported on January 15. The couple regularly reported to ICE officials and were forced to seek permission when leaving their home town.