UK: John Lewis FY Profit Up 3%
Department store and food chain operator John Lewis Partnership on Thursday posted a three per cent year-on-year rise in full-year pre-tax profit to £146 million amid a five per cent rise in turnover to £4.7 billion. The company said its department store division saw its sales increase six per cent year-on-year despite a major refurbishment programme and added trading profit before pensions grew six per cent to £267m.
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