Sainsbury maintains its 2015 interim dividend at 5p

DividendMax Ltd.

Sainsbury maintains its 2015 interim dividend at 5p

Financial summary

Underlying Group sales (inc VAT) down 0.3 per cent to £13,916 million (2013/14: £13,953 million)

Retail sales (inc VAT, ex fuel) flat year-on-year

Like-for-like sales (inc VAT, ex fuel) down 2.1 per cent

Underlying profit before tax down 6.3 per cent to £375 million (2013/14: £400 million)

Underlying basic earnings per share down 12.7 per cent to 14.5 pence (2013/14: 16.6 pence)

Return on capital employed of 11.1 per cent (2013/14: 11.4 per cent)

Return on capital employed excluding pension fund deficit of 10.3 per cent (2013/14: 10.5 per cent)

Statutory

Group sales (ex VAT, inc fuel) down 0.1 per cent to £12,667 million (2013/14: £12,684 million)

Items excluded from underlying results total a charge of £665 million (2013/14: £33 million profit), including an impairment and onerous contract charge of £628 million (2013/14: £92 million)

Loss before tax of £290 million (2013/14: £433 million profit)

Basic loss per share 18.0 pence (2013/14: 17.9 pence per share earnings)

Interim dividend 5.0 pence per share (2013/14: 5.0 pence per share)

Companies mentioned