City snapshot: Morrisons profits jump as wholesale arm drives sales

david potts morrisons

Profits jumped 8.6% at Morrisons on the back of strong revenue growth in its wholesale arm, retail technology business Eagle Eye saw half-year sales surge 30% and the rest of the news from the City

Profits jumped 8.6% at Morrisons (MRW) on the back of strong revenue growth in its wholesale arm.

The grocer also announced plans to pay out another special dividend, its third in the twelve months, as it declared its turnaround “well on track”.

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