Supermarket chain WM Morrison says problems with the integration of accounting systems from the Safeway group, which it recently bought, will delay its interim results by several weeks.
Morrisons will now only release its interims in October, the FT reported.
At the same time Sir Ken Morrison, chairman, said accelerating sales declines in the Safeway business would leave profit at close to £125m.
Yesterday WM Morrison sold 10 Safeway stores to its larger rival Tesco with a book value of £87.6m - the supermarket chain needs to shed 10 more outlets to satisfy the Office of Fair Trading, which ruled at the time of its Safeway acquisition that it must sell 52 Safeway stores that are too close to its own.
Oxfordshire, United Kingdom | Oxfordshire Learning Disability Trust
Director of Finance & Estates Designate, Oxfordshire The Ridgeway Partnership is a unique NHS Trust, providing personalised specialist health and social support services to people with learning disabilities across Oxfordshire, Buckinghamshire, Swindon & Wiltshire. Our ... more >
This is an excellent opportunity for a commercially astute, career driven professional to work for CHC - a world leading helicopter company servicing the oil and gas industry. As the Business Controller you will be ... more >
Nottingham, Nottinghamshire, United Kingdom | HMRC
LBS Advisory Accountants HMRC has opportunities for Advisory Accountants to work within the Large Business Service in any of its offices: Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester, Newcastle, Nottingham and Reading. The ... more >
Hertfordshire, United Kingdom | Welwyn Garden City HA
Head of Finance, Hertfordshire, Up to £40k pa (pro rata) plus benefits Welwyn Garden City Housing Association has been providing care, supported and sheltered housing since the 1960's. We have charitable status and have a ... more >
More Jobs in Finance
RSS feeds