Analysts anticipate a group rise in pre-tax profit of about 21% from £20.8m last year to £25m. However, one said this was mainly due to low operating margins, rather than sales growth.
He predicted an overall sales increase of 1-2%. "Overall trade is not going to be up with the sector average, which has a 4-5% sales growth." As a result, Somerfield would probably have lost share to rival multiples, he said.
Like for like sales growth was also expected to be marginal, with the Somerfield fascia performing slightly better than Kwik Save.
Another analyst said: "It will be interesting to see how the Kwik Save refurbishment programme is going. They seem to be seeing good progress."
Picture: Somerfield store shot