Primark reports 25pc sales growth over the past three months

Better than expected year on year sales growth of 25pc over the past three months by Primark has boosted profits for parent company Associated British Foods (ABF).

Primark sales were driven by an increase in selling space of 14pc and superior sales densities in the larger new stores.

Fourteen new stores opened in the past three months, ten of which were on continental Europe, bringing the total number of Primark stores worldwide up to 256.

The company refurbished its flagship Dublin store, and relocated its Sunderland store to a bigger site.

ABF, which also owns the Twinings, Ovaltine, Ryvita and Jordans brands, said overall revenue rose 10pc, despite problems in its groceries unit.