Supermarket Income REIT buys Carrefour portfolio in France
(Alliance News) - Supermarket Income REIT PLC on Monday said it has acquired the Carrefour SA supermarket portfolio in France for EUR75.3 million.
Read moreMon, 07th Jun 2021 12:58
(Alliance News) - Supermarket Income REIT PLC on Monday said it has acquired the Carrefour SA supermarket portfolio in France for EUR75.3 million.
Read moreJ Sainsbury PLC - London-based supermarket chain - Begins share buyback programme of up to GBP200 million to be completed by the end of its financial year on March 1, 2025. Says the first tranche will be for a maximum of GBP150 million in shares, ending on or before November 1. Sainsbury's confirmed on Thursday it would begin the programme, first announced in February, when it announced its annual results. Revenue rose 3.8% to GBP32.70 billion in the financial year that ended March 2 from GBP35.16 billion in financial 2023. The increase in revenue was offset by cost of sales rising 3.1% to GBP30.3 million from GBP29.4 million and administrative expenses rising 27% to GBP1.9 million from GBP1.5 million. Pretax profit fell by 15% to GBP277 million from GBP327 million. Despite the falling bottom-line, Sainsbury's declared a final dividend of 9.2 pence, taking its full-year total dividend to an unchanged 13.1p compared to a year earlier.
Read more(Sharecast News) - Sainsbury's kicked off its share buyback programme on Friday, having announced it on 7 February, aiming to repurchase up to £200m of shares by the end of the current financial year.
Read more(Alliance News) - Stocks in London are called to open higher on Friday, ahead of key US inflation data
Read more(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read more2023/24 pretax profit up 1.6%, above company guidance
*Read more(Alliance News) - J Sainsbury PLC on Thursday said annual profit fell as widening costs more than offset rising revenue, although it kept its dividend unchanged and emphasised the performance of its food business.
Read more(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.
Read more(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.
Read more(Sharecast News) - UK supermarket chain Sainsbury's said it expected to grow profits by 5-10% this year after delivering better-than-expected earnings for 2023/24.
Read moreAssociated British Foods jumps after forecasting growth
*Read more(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.
Read more(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.
Read more(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.
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Grocery inflation down for 14th straight monthRead more