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Morrison profit rises, sees more mkt share gains

LONDON, Sept 11 (Reuters) - Wm Morrison Supermarkets met forecasts with a 19 percent rise in first-half profit and said it was well placed to continue taking market share as cash-strapped Britons flock to its budget-focused stores. Britain's fourth-biggest food retailer, which runs about 375 stores and has a market share of about 11 percent, said on Thursday it made profit before tax and one-off items of 295 million pounds ($521 million) in the 26 weeks to Aug. 3. Forecasts ranged from 284 million pounds to 305 million, with an average of 294 million, according to a Reuters poll of eight analysts. (Reporting by Mark Potter; Editing by David Holmes) ($1=.5666 Pound) Keywords: MORRISON/RESULTS tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Share News for Morrisons (MRW)
DateTimeHeadline
21/10/201415:41:00Asda Is Winner in Supermarket Share War; Tesco Makes Comeback
01/10/201420:37:35LONDON MARKETS: Supermarkets Sainsbury, Tesco Under Pressure...
23/09/201422:46:30Tesco Market Share Falls to 28.8% in Latest Supermarket Survey
22/09/201409:06:54LONDON MARKETS: Tesco Shares Slide In London After Profit Warning
11/09/201417:11:10LONDON MARKETS: FTSE Closes At Lowest Level Since Late August
11/09/201411:05:24LONDON MARKETS: FTSE 100, Pound Rise As Pro-union Campaign Is...
11/09/201411:05:16LONDON MARKETS: FTSE 100, Pound Rises As Pro-union Campaign Is...
09/09/201417:19:10EUROPE MARKETS: Morrisons, L'Oréal: Europe's Big Stock Moves
09/09/201417:07:09LONDON MARKETS: FTSE 100 Dips As Scotland Worries Repel Buyers
09/09/201416:08:09EUROPE MARKETS: Morrisons, L'Oreal: Europe's Big Stock Moves
09/09/201411:03:48LONDON MARKETS: FTSE 100 Falls For Third Straight Day
09/09/201409:08:02LONDON MARKETS: FTSE 100 On Track To Break Two-day Losing Streak
03/09/201406:14:51LONDON MARKETS: Weir, Tesco Climb As FTSE 100 Edges Up
02/09/201415:26:36LONDON MARKETS: BHP, Rio Tinto Shares Higher As FTSE 100 Gains
01/09/201417:46:14LONDON MARKETS: Tesco, HSBC Shares Drop In London Trading
01/09/201416:12:30LONDON MARKETS: Tesco, HSBC Shares Weigh On FTSE 100
01/09/201413:14:08LONDON MARKETS: Tesco Shares Extend Losses, Weigh On FTSE 100
29/08/201417:25:26LONDON MARKETS: Tesco Slumps After Warning, Curbs FTSE 100 Gain
29/08/201417:12:52EUROPE MARKETS: Tesco Slides After Warning; HSBC Climbs: Europe...
29/08/201408:48:27LONDON MARKETS: Tesco Slides After Warning, Curbs FTSE 100 Gain

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