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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
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
03/09/201511:16:00Morrison(Wm.)Supermarkets PLC Board Committee Membership
03/09/201509:25:47PRESS: South Africa's Wiese Eyeing UK Supermarket Deals - Telegraph
01/09/201510:32:00Morrison(Wm.)Supermarkets PLC Total Voting Rights
26/08/201517:10:45UK Regulator Tells Morrisons Not To Repeat Match & More Adverts
26/08/201513:12:35IN THE KNOW: Barclays Cuts Morrisons Earnings Forecasts On Price...
26/08/201512:36:08IN THE KNOW: "Some Distance To Go" For Big Four UK Supermarkets
25/08/201510:34:00Asda Reclaims No. 2 UK Supermarket Spot - Survey
25/08/201510:11:29Sainsbury Is Only Big Four Supermarket To Post Sales Growth...
17/08/201514:48:33UPDATE: Morrisons In Talks To Sell Convenience Store Chain...
16/08/201511:07:42PRESS: Morrisons In Talks To Sell Convenience Store Chain - Telegraph
14/08/201514:30:56Morrisons To Pay Farmers More For Supply Of Milk
03/08/201516:06:51Morrison(Wm.)Supermarkets PLC Total Voting Rights
29/07/201509:00:06Morrison(Wm.)Supermarkets PLC Directorate Change
28/07/201510:38:44J Sainsbury Overtakes Asda to Become No. 2 UK Supermarket - Survey
28/07/201509:49:53UK Grocery Sales Down; Sainsbury's Leapfrogs Asda Into Second...
16/07/201508:15:03CMA Finds UK Supermarket Practices May Breach Consumer Laws
09/07/201509:00:04Morrison(Wm.)Supermarkets PLC Directorate Change
07/07/201515:55:25Morrison(Wm.)Supermarkets PLC Holding(s) in Company

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