For the half year Primark’s operating profit rose 36 per cent. Sales were up in double-digits. Primark saw a substantial increase in selling space, which together with its strong consumer offering, contributed to a further increase in its share of the total clothing market.

Primark’s retail revenue rose 21 per cent at actual exchange rates and a 11 per cent currency-neutral rise. Operating profit was up three per cent. Primark performed well in the UK and sales was seven per cent ahead of last year with a strong increase in its share of total clothing market. This was driven by a two per cent growth in comparable sales and an increase in selling space.

In continental Europe, sales and market shares increased strongly. In the Netherlands, where sales densities are high and some stores are over-trading, the company added 32 per cent more retail selling space over the last year, including a flagship store in Amsterdam. Consequently, total sales in the Netherlands increased by 18 per cent but comp sales declined.

Overall, European sales for the group were level with last year but were one per cent ahead excluding the Netherlands. The company also continued to develop and evolve its US store offering.