LONDON (FNS) -- Argyll plc, owner of Safeway, reported a 4.1% increase in after-tax profit to $230.38 million (149.6 million pounds) on a 1.1% rise in sales to $5.24 billion (3.4 billion pounds) for the half-year ended Oct. 14. ce) from 19.7 cents (12.8 pence). Currency conversions were made at the rate of $1.54 per pound. The growth came entirely in Safeway, the U.K.'s third-largest food retailer. The chain reported a 9% increase in operating profit to $312.62 million (203 million pounds) ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.