Covid-19 Update

Source: RNS
RNS Number : 3273K
Associated British Foods PLC
31 December 2020
 

31 December 2020

Associated British Foods plc

Covid-19 Update

 

 

Associated British Foods plc today issues an update in the light of yesterday's announcements by the UK and Republic of Ireland governments regarding increased restrictions on the movement of people and trading activity to limit the spread of COVID-19.

 

As of 1 January, 253 Primark stores will be temporarily closed, representing 64% of our total retail selling space. The announced periods of closure vary by market. Our estimated loss of sales for these stores for the announced periods of closure in our financial year is now some £650m, up from £430m announced on 4 December.

 

We will provide an update on trading for both Primark and our other businesses on 14 January as scheduled. 

 

 

  For further enquiries please contact:

 

  Associated British Foods

 

  John Bason, Finance Director

Tel: 020 7399 6545

  Catherine Hicks, Corporate Affairs Director

Tel: 020 7399 6545

 

 

 

 

  Citigate Dewe Rogerson

 

  Chris Barrie

Tel: 07968 727 289

  Jos Bieneman

Tel: 07834 336 650

 

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