Supermarkets
Sainsbury’s group sales up 9% but statutory profit plummets
![Sainsbury's](https://b855165.smushcdn.com/855165/wp-content/uploads/2018/01/sainsburys2-e1516713409126-780x470.jpg?lossy=1&strip=1&webp=1)
Sainsbury’s has posted its preliminary results for the 52 weeks to 10 March in which its group like-for-like sales increased by 9% to £31.7bn, yet its statutory profit plummeted by almost £100m.
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