Morrisons: Bradford-based supermarket chain posts £2.1bn full year pre-tax profit after job cuts

Yorkshire Post

The Bradford-based supermarket chain has revealed that it returned to profit in its last financial year, according to accounts filed at Companies House. The financial statements of the Group represents the 52 weeks ended 27 October 2024 and the comparative period the 52 weeks ended 29 October 2023. #morrisons

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:03The Bradford-based supermarket chain Morrisons has revealed that it returned to profit in its last financial year,

00:10according to accounts filed at Companies House.

00:14The accounts represent the 52 weeks end of the 27th October 2024,

00:19and the comparative period for the 52 weeks end of the 29th October 2023.

00:24In the accounts, it's revealed that profit before tax for the period was £2.1 billion,

00:31compared to the loss of £919 million the previous year.

00:36Morrisons says it understands the importance of the tax contributions it makes

00:39and takes its responsibilities towards the communities in which it operates

00:43and towards its colleagues, customers and suppliers seriously.

00:47It recently announced some planned job cuts as part of changes to the business.

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