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Morrisons: Investors updated amid £56m of cost savings in first quarter

2025-03-26 1,709 Dailymotion

Morrisons has today updated investors on Q1 trading for the 13 weeks ending 26 January 2025. Morrisons said total sales were up 2.4% to £4.0 billion. Rami Baitiéh, Chief Executive, said: "In the quarter we delivered a further £56m of cost savings and we expect to deliver the remainder of our £700m target ahead of schedule in the second quarter."