Get the app today! Download iPhone App Download Android App

Sainsbury's Full-Year Results: What The Analysts Said

Published on May 1 2019 12:20 PM in Retail tagged: Featured Post / Sainsburys / Euromonitor International / Savvy / Bernstein / GlobalData / What The Analysts Said / Paywall / CityIndex / AJ Bell / Landor

Sainsbury's Full-Year Results: What The Analysts Said

Sainsbury's has posted a 2.1% increase in group sales in full-year 2018/19, with underlying profits up by 7.8% for the year.

Commenting on the group's performance, chief executive Mike Coupe said that the firm's increased profits and reduced net debt was “testament to the hard work of colleagues across the business, and I would like to thank them for their commitment during this year of change.”

Here's how leading retail analysts viewed the retailer's performance.

Catherine Shuttleworth, Savvy

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