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Sainsbury’s maintains outlook as H1 profits rise by 4.7%

The group’s sales – excluding fuel – rose a total of 4.6%, with the grocery segment registering 5% growth

Sainsbury’s has reported that profit before tax rose by 4.7% to £356m in its half-year results, with underlying operating profit up by 3.7% to £503m, as the group maintained its outlook of “strong profit growth” for the full year.  

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