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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
19/05/201515:36:59Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding
18/05/201514:37:19Morrison(Wm.)Supermarkets PLC Holding(s) in Company
07/05/201517:36:23LONDON MARKETS: FTSE 100, Pound Fall As U.K. Voters Head To The...
07/05/201513:46:29UPDATE: Morrisons Like-For-Like Sales Performance Goes Backwards
07/05/201511:14:51LONDON MARKETS: FTSE 100, Pound Fall As U.K. Voters Head To The...
07/05/201509:15:37IN THE KNOW: Positive Views On Morrisons Despite Drop In Sales
07/05/201507:17:32Morrisons Sales Fall In Quarter But Says Financial Position Strong
07/05/201507:01:10Morrison(Wm.)Supermarkets PLC Interim Management Statement
06/05/201512:22:49EUROPE MARKETS: FTSE 100, Pound Rise As Services Data Come In...
06/05/201510:45:39Aldi, Lidl Market Shares Continue to Rise in U.K.; Sales Hit...
06/05/201510:25:52Sainsbury's Comes Out On Top In Latest Kantar Grocery Market...
05/05/201508:07:36Morrison(Wm.)Supermarkets PLC Blocklisting Interim Review
01/05/201512:02:58Morrison(Wm.)Supermarkets PLC Total Voting Rights
30/04/201513:32:48IN THE KNOW: Consumers Want Differentiation From Food Retailers...
30/04/201510:07:52Morrison(Wm.)Supermarkets PLC Holding(s) in Company
27/04/201516:28:44Morrison(Wm.)Supermarkets PLC Annual Financial Report
24/04/201516:02:03Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding
23/04/201517:30:40Sainsbury to Axe Jobs in Store Overhaul
23/04/201513:18:28Morrison(Wm.)Supermarkets PLC Holding(s) in Company
17/04/201510:00:43Morrison(Wm.)Supermarkets PLC Holding(s) in Company

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