Net worth of Primark in the United Kingdom (UK) 2010-2022
In 2019, the net worth of Primark shot up to 1.1 billion British pounds, more than four times the value the company recorded in 2010. From 2019 to 2021, the company's net worth has remain fairly stable, before rising again in 2022 to almost 1.3 billion pounds. Primark’s growth is also traceable from the latest revenue figures and the increased number of stores the retailer achieved.
Apple of Associated British Foods‘ eye
Primark is owned by Associated British Foods and so far the group’s most successful business division. Worldwide, the biggest growth for Primark happened in 2022, when the sales growth was realized at 40 percent at constant exchange rate. In 2020 and 2021, Primark made sales losses, due to store closures during the COVID-19 pandemic.
Primark megastore in the UK
Primark started business in Dublin in 1968. Most recently, the company opened its biggest store ever in Birmingham and intensified its physical presence in the UK. Over the years, Primark increased the surface its stores occupied in several markets. The UK has been and still is the region where Primark covers the largest surface area. Ireland, where the retailer originates from, was behind Spain and Germany in terms of the surface area Primark stores are currently spread across.
Apple of Associated British Foods‘ eye
Primark is owned by Associated British Foods and so far the group’s most successful business division. Worldwide, the biggest growth for Primark happened in 2022, when the sales growth was realized at 40 percent at constant exchange rate. In 2020 and 2021, Primark made sales losses, due to store closures during the COVID-19 pandemic.
Primark megastore in the UK
Primark started business in Dublin in 1968. Most recently, the company opened its biggest store ever in Birmingham and intensified its physical presence in the UK. Over the years, Primark increased the surface its stores occupied in several markets. The UK has been and still is the region where Primark covers the largest surface area. Ireland, where the retailer originates from, was behind Spain and Germany in terms of the surface area Primark stores are currently spread across.
