Sainsbury's sales up 4.4%, pre-tax profit up 7%

Supermarket Sainsbury's has posted its half-year results for the 28 weeks to 28th September 2013.

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#JSinterims Total sales up 4.4% (inc VAT, inc fuel); up 4% (inc VAT, ex fuel). LFL sales up 1.4% http://t.co/u94oklgzvT

Chief executive Justin King said: "Our share of the grocery market is the highest for a decade at 16.8 per cent following 35 consecutive quarters of like-for-like sales growth.

"Whilst customers’ budgets remain tight and any recovery in the economy may take time to take effect, our consistent strategy and strong values-driven culture mean we are well placed to continue to deliver for customers, colleagues and shareholders."

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