AB Foods reported H1 sales of £9.47bn and EPS 70.7p, both below consensus of £9.52bn and 73.1p.
EBIT fell to £691m, missing the £727m forecast, giving a 7.3% margin 150 bps under expectations.
Primark sales £4.66bn beat forecasts with 2% ex‑currency growth; LFL sales down 2.7% and margin 10.1% slightly above 9.9% estimate.
Grocery EBIT £179m and Sugar EBIT loss £27m missed forecasts, with Sugar now expected to post negative EBIT for full year.