Wm Morrison Full-Year Pretax Profit Down 7%

WM Morrison Supermarkets PLC reported a 7% fall in its full year pretax profit. WM Morrison's pretax profit for the year declined to 879 million pounds, from GBP947 million, in the year-earlier period. Its underlying pretax profit fell 4% to GBP901 million from GBP935 million, while turnover rose 3% to GBP18.1 billion from GBP17.7 billion. Its underlying earnings per share climbed 7% to 27.3 pence from 25.6 pence.