Irish performance drives 9% annual sales growth at Primark

Sales at discount retailer Primark rose by 9%, on a constant currency basis, in its latest financial year — largely driven by growth at its Irish operations.

Primark — owned by diversified multinational group Associated British Foods (ABF) — trades in Ireland under the Penneys brand.

The business said revenue for the 12 months to the middle of September rose from just under £5.35bn to £5.95bn. Adjusted operating profit, in constant terms, was up by 1% at £689m.