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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 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)
01/10/201511:29:00Morrison(Wm.)Supermarkets PLC Total Voting Rights
29/09/201513:15:32Morrisons Ups Store Staff Pay Rate Above National Living Wage
22/09/201510:34:00Sainsbury Market Share Sticks at 16.2%; Gains 0.25 Million Shoppers...
22/09/201510:06:02Sainsbury's Is Again Only Big Four Grocer To Grow Sales - Kantar
22/09/201507:01:00Morrison(Wm.)Supermarkets PLC Directorate Change
18/09/201509:52:46DIRECTOR DEALINGS: Morrisons CEO Buys Shares Amid Restructuring...
18/09/201507:59:00Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding
17/09/201515:03:52IN THE KNOW: Morrisons' Margins Won't Be Squeezed Forever - Nomura
11/09/201511:21:12IN THE KNOW: Morrisons Must Start Generating Real Volume Growth
10/09/201514:30:31MORE IN DEPTH: "Turnaround Journey" At Morrisons Faces Price...
10/09/201513:22:55DIRECTOR DEALINGS: Morrisons CFO Buys Shares After Profit Sinks
10/09/201513:02:00Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding
10/09/201511:15:24IN DEPTH: "Turnaround Journey" At Morrisons Faces Food Price...
10/09/201509:37:43IN THE KNOW: Analysts Say Morrisons Needs To Differentiate Itself
10/09/201507:18:25Morrisons Profit Drops In First Half, As Food Prices Continue...
10/09/201507:01:00Morrison(Wm.)Supermarkets PLC Half Yearly Report
09/09/201514:23:46Morrisons Sells 140 M Local Convenience Stores For GBP25 Million
09/09/201514:08:00Morrison(Wm.)Supermarkets PLC Morrisons to sell 140 M local convenience...
03/09/201513:25:20IN THE KNOW: UBS Upgrades Morrisons As It Makes "Good Progress"
03/09/201512:43:19IN THE KNOW: Share Price Falls Present Food Retail Buying Opportunity

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