Morrisons profits surge as focus on availability and value pay off

morrisons store sign

The supermarket attributed growth to ‘sharper prices, increased availability and an improved range'

According to accounts filed at Companies House for the 52 weeks to 27 October 2024, the private equity-backed retailer bounced back from a loss of £919m to a pre-tax profit jump of £2.1bn as it benefitted from the £2.5bn sale of its petrol forecourts business to Motor Fuel Group

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