Associated British Foods PLC Covid-19 Update (3273K)
December 31 2020 - 7:40AM
UK Regulatory
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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