Get the app today! Download iPhone App Download Android App

Morrisons Full-Year Results: What The Analysts Said

Published on Mar 14 2019 9:59 AM in Retail tagged: Trending Posts / Morrisons / Shore Capital / Savvy / GlobalData / Paywall / AJ Bell

Morrisons Full-Year Results: What The Analysts Said

UK retailer Morrisons has posted a 2.7% increase in total revenue for full-year 2018, with like-for-like sales up 4.8%.

In a statement, chief executive David Potts noted that this is the Bradford-based retailer's third consecutive year of sales and profit growth, indicating the Morrisons turnaround is "well on track".

Here's how leading retail analysts viewed its performance:

Thomas Brereton, GlobalData

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email