Morrisons has reported like-for-like sales growth of 7.6% and record profits of £309m in its financial results for the first half of 2008.

The supermarket giant saw pre-tax profits climb by 12.8% from last year's figure of £274m,, including £6m generated by property disposals.

But it was the like-for-like sales growth, excluding fuel, of 7.6% - contributing to an overall increase in turnover of 13% to £7.1bn - that will have most impressed in the current economic climate. Last year the retail heavyweight notched up sales totalling £6.3bn for the 26-week period.

"To have grown like-for-like sales by 7.6% in this economic climate is a clear testament to the strength of the Morrisons recovery," said chief executive Marc Bolland. "More shoppers are choosing Morrisons because of our price-crunching deals and our unrivalled fresh offer in store."

Non-executive chairman Sir Ian Gibson added: "This is a solid set of interim results in the toughest trading environment seen for many years. The management team is very focused on delivering great day to day value to our customers as well as the longer term vision of being the Food Specialist for Everyone."

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