About Us
Our Businesses
Investors
Responsibility
Media
About Us
Our Businesses
Investors
Responsibility
Media
This aligns with our approach to sustainability and sustainable supply chains, where we focus on what matters and where we can make a difference. This year, we have continued to invest across the Group to deliver on these aims.
As at 14 September 2024
Employees worldwide
Operating in
countries
Customers in
countries
Group revenue
Adjusted operating profit*
Gross investment*
Basic earnings per share
Operating profit
Profit before tax
Adjusted profit before tax*
Adjusted earnings per share*
Net cash before lease liabilities*
Net debt including lease liabilities*
Return on average capital employed* (‘ROACE’)
Dividends per share (including special dividend)
Women in the workforce
ABF Group scope 1 & 2
Primark stores with 18.8m sq ft of total selling space
*Alternative Performance Measures (APMs) as defined on pages 206 to 210 in the Annual Report.
The Group delivered significant growth in margin and profit in this financial year as inflation eased and market conditions stabilised after the disruption of recent years.”
This has been a year of very significant progress both operationally and financially with new records set for profits, free cashflow, and capital investment. It was particularly pleasing that four of five divisions grew profits, and all five made good strategic progress.”
Group revenue was £20.1bn, 4% ahead of last year at constant currency, with sales growth in Retail and most of the food businesses. The Group generated an adjusted operating profit of £1,998m, an increase of 32% at actual exchange rates ahead of last year, reflecting a strong margin recovery across the Group as a result of input cost pressures easing. Group adjusted operating profit margin improved from 7.7% last year to 10.0%. Operating profit for the Group of £1,932m was 40% ahead, after charging exceptional items of £35m.”
Our purpose defines our culture and values it informs our Group strategy, which is realised through our business strategies and is delivered by our operating model.
