By Hugh Radojev29 January 2025
Source: Morrisons
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
For the 52 weeks ending October 27, 2024, Morrisons underlying EBITDA soared 11.2% to £835m, while full-year total revenues jumped 3.8% to £15.3bn, while group like-for-like sales for the full-year period were up 4.1%.
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