16-10-2020 17:30 via retailgazette.co.uk

Asda’s new owner EG Group posts “strong performance” in grocery sales

// EG Group posts “strong performance” in its third quarter thanks to a recovery after lockdowns
// For the three months to September 30, the group recorded a 54% like-for-like rise in its EBITDA
// EG Group, owned by billionaire brothers Zuber and Mohsin Issa, acquired Asda for £6.8bnAsda’s new owner EG Group has recorded a “strong performance” in its grocery and merchandise sales, with growth across most markets in its third quarter.
For the three months to
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