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Friday, 3rd September 2010

Morrisons' profits soar after record sales

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Published Date: 11 March 2010
Morrisons today hailed "another good year" as profits climbed 21% and sales hit record levels.
The UK's fourth biggest supermarket chain reported pre-tax profits of £767 million for the 12 months to January 31, from £636 million in the previous year.

Morrisons, which said it expects economic conditions to remain challenging this year, saw like-for-like sales growth slow across the period to 6%, compared with 8.2% the year before.

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  • Last Updated: 11 March 2010 9:47 AM
  • Source: n/a
  • Location: Blackpool
 
 
 


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