Morrisons has today updated investors on full year and Q4 performance for the 52 and 13 weeks ending 27 October 2024. Full year total revenue was up 3.8 per cent to £15.3bn. Rami Baitiéh, Chief Executive, said: “This has been a year of urgent reinvigoration and positive progress for Morrisons." #morrisons
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00:00Hello, my name's Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.
00:04The Bradford-based supermarket chain Morrisons has updated investors on its full-year and
00:09fourth-quarter performance.
00:11Morrisons says there's been broad-based progress across the business, and the fourth-quarter
00:16like-for-like sales were the strongest quarterly performance for almost four years.
00:23It says full-year group like-for-like sales were up by 4.1%, and full-year total revenue
00:30was up by 3.8% to £15.3bn.
00:36It also secured the acquisition of 36 convenience stores in the Channel Islands, which completed
00:42in November 2024.
00:44So an update from Morrisons which says it's made broad-based progress across the business.