Morrisons profits rise despite coronavirus-linked challenges

// Morrisons profits rise 3% to £408m
// Total sales dropped 1.1% to £17.5bn
// Morrisons will open 5 new stores during 2020/21Morrisons has seen its full-year profits rise despite “unprecedented challenges” brought on by the coronavirus outbreak.
For the 52 weeks ended February 2, pre-tax profit rose three per cent to £408 million, when total sales edged down 1.1 per cent to £17.5 billion.
Group like-for-likes were down 0.8 per cent during the period.READ MOR