Dutch grocery giant Ahold has reported a 2.5% increase in third quarter sales to €6.9bn. Profits during the period rose 5.3% to €300m. It also performed particularly well in the US, where sales rose 8.5% to $5.8bn.
Sainsbury s has posted like-for-like sales growth of 1.9% for the past six months, excluding fuel. Total sales at the supermarket were up 7.6% to 12.8bn, or by 4.3% excluding fuel, in the 28 weeks to 1 October. Underlying pre-tax profits rose 6.6% to 354m.
Smiths News has suffered a drop in full-year revenues of more than 5%, as newspaper and magazine sales continue to fall. However, while group sales dropped from 1.8bn to 1.7bn in the year to 31 August, pre-tax profits rose 10% to 38.6m.
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