Morrisons shares rise after results announcement

Shares in Morrisons supermarket were up 3.3% following following the publication of its latest results. The rise comes after a 25% fall in the Bradford headquartered business's shares over the past year. The listed Big Four supermarket earlier said it had seen pre-tax profits and revenues increase in its interim results for the six month period ended 4 August 2019, despite  weak consumer confidence. Its pre-tax profit rose 48.5%, from £136m in the same period last year to £202m in the current period. Total revenue was u... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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