Asda cuts debt as focus on low prices pays off

Asda store

Asda has reported a rise in quarterly sales and reduced its debt burden.

Asda, which is controlled by the Issa brothers, generated a 2.8% increase in like-for-like sales in its third quarter when revenues came in at £5.4bn.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now