Morrisons sees continued challenges in Q3

Date : 29 September 2022

Bryan Roberts

Global Insight Leader

Morrisons has reported total sales, including fuel, rose 4.5% to £4.8 bn in the 13 weeks to 31 July, driven by new space and fuel sales. The retailer said its adjusted EBITDA fell to £177m, from £356m in the same period in 2021, as it faced ‘ unprecedented inflationary pressures ’ on its business.…
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