TIDMABF

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 GBP650m, up from GBP430m 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     Tel: 020 7399 6545 
   Affairs Director 
 
 
  Citigate Dewe Rogerson 
  Chris Barrie                   Tel: 07968 727 289 
  Jos Bieneman                   Tel: 07834 336 650

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