Overview

• Morrisons reported group sales of £3.9 billion for the 13 weeks to April 27, up 4.2 percent year-on-year, and underlying EBITDA climbed 7.2 percent to £344 million in the first half of 2025.
• The grocer has secured £700 million of its £1 billion cost-saving target and added £58 million more in the latest quarter as it tackles debt from the 2021 buy-out.
• Operations are back to normal after a November cyber attack on supplier Blue Yonder disrupted Christmas trading and slowed growth in early 2025.
• The overhaul plan has included closing over 50 in-store cafes and concessions while trialling a revamped Market Street counter format.
• Morrisons continues to face intense price competition from Tesco, Sainsbury’s, Asda, Aldi and Lidl in the UK supermarket sector.