Summary
Supermarket chain Sainsbury's slumped to its first-ever loss yesterday after counting the cost of the restructuring needed to revive its fortunes.
The troubled group posted losses of pounds 39m in the six months to September 30, down from profits of pounds 323m a year earlier.See the full content of this document
Extract
First Loss for Sainsbury's
Stripping out pounds 168m of exceptional items, Sainsbury's achieved underlying profits of pounds 131m ( in line with the C...
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