By Tapan Panchal

LONDON--Associated British Foods PLC (ABF.LN) said Monday it expects excellent progress in adjusted operating profit and adjusted earnings per share for the first half of fiscal 2017, and said sales at its fashion clothing unit, Primark, for the period will be 11% ahead of last year on constant-currency basis due to increased selling space.

Primark sales for the first half are expected to be 21% ahead of last year at actual exchange rates, the company said.

In the six months ended Feb. 27, 2016, the food, ingredients and retail group recorded adjusted operating profit of 486 million pounds ($605.17 million) and adjusted earnings per share of 46.1 pence.

The London-listed company has reiterated its fiscal 2017 trading outlook.

In January, it anticipated progress in group adjusted operating profit and adjusted earnings for the fiscal year. The adjusted figures strip out exceptional and other one-off items.

AB Foods is due to report its results for the six months ending March 4 on April 19.

Write to Tapan Panchal at tapan.panchal@wsj.com

(END) Dow Jones Newswires

February 27, 2017 02:39 ET (07:39 GMT)

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