Underlying profit before tax from supermarket titan Sainsbury came in bang in line with expectations, while the full year dividend is a little more generous than anticipated.
Underlying profit before tax in the 15 weeks to March 17th was up 7.1% to £612m from £665m the year before, on total sales (including value added tax) that rose 6.8% to £24,511m from £22,943m a year earlier.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Will “Liberation Day” strike again?Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?
-
Israel claims victory in the '12-day war' with IranDonald Trump may have announced a ceasefire in the 12-day war between Israel and Iran, but what comes next depends on what happens internally in Iran
