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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
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
28/08/201419:15:12LONDON MARKETS: FTSE 100 Snaps Two-day Winning Streak As Miners...
27/08/201411:14:30Aldi, Lidl, Asda, Waitrose Market Shares Rise
29/07/201410:42:47Aldi Market Share Rises to New Record; Catching up With Waitrose
29/07/201407:50:46UK Supermarket Morrison Appoints Andrew Higginson as Chairman...
21/07/201417:37:48EUROPE MARKETS: Russian Stocks Stumble Again; German DAX Also...
21/07/201416:06:38EUROPE MARKETS: Russian Stocks Slump As Ukraine Tensions Persist
21/07/201409:54:12EUROPE MARKETS: European Stocks Fall As Ukraine-Russia Tensions...
01/07/201410:38:25Aldi, Lidl Continue to Gain Market Share; Tesco, Morrisons Drop
17/06/201417:49:08LONDON MARKETS: FTSE 100 Up After Inflation Data Ease Pressure...
06/06/201411:17:33LONDON MARKETS: Oil Stocks Up As FTSE 100 Aims To Break Loss...
04/06/201410:50:22Tesco Sales Fall In First Quarter
04/06/201408:52:23Tesco Posts Fall in First-Quarter Sales -- Update
03/06/201410:50:06UK Grocery Market Growing at Slowest Rate for 11 Years
03/06/201410:39:29UK Grocery Market Growing at Slowest Rate for 11 Years--Kantar

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