Underlying half-yearly profits at Sainsbury’s have grown 60.2 per cent to £189 million.
Now more than two years into its Making Sainsbury's Great Again recovery plan, Sainsbury's said this morning that it is "on track".
The UK’s number three supermarket chain claimed its focus on fresh, healthy foods and competitive pricing are the key factors in its success.
Total sales in the six months to October 7 grew by 8.3 per cent to £9.55 billion and like-for-like sales excluding fuel rose by 6.2 per cent.
Sainsbury’s has added £1.3bn its sales ledger since the inception of its recovery plan and is well on its way to the initial goal of £2.5bn.
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