Profits rise again at Morrisons - Business - Evening Standard
       

Profits rise again at Morrisons

Supermarket group WM Morrisons had good news for shareholders when it posted a 22% rise in first-half profit to £359 million and boosted its dividend today, but it predicted second-half growth would slow as food price inflation eases.

Britain's fourth-biggest grocer said sales excluding fuel rose 7.8%. It now serves about 10 million shoppers a week from more than 400 stores, with its estate growing particularly fast across the south of England.

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