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J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

326.10GBp
20 Jul 2018
Change (% chg)

-0.50 (-0.15%)
Prev Close
326.60
Open
324.80
Day's High
327.10
Day's Low
324.00
Volume
9,582,588
Avg. Vol
11,175,024
52-wk High
333.80
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222.40

Latest Key Developments (Source: Significant Developments)

Sainsbury's To Unveil Scicluna As Successor To Long-Serving Chairman David Tyler On Wednesday - Sky News
Tuesday, 10 Jul 2018 01:30pm EDT 

July 10 (Reuters) - :SAINSBURY’S WILL UNVEIL MARTIN SCICLUNA AS THE SUCCESSOR TO LONG-SERVING CHAIRMAN DAVID TYLER ON WEDNESDAY - SKY NEWS.  Full Article

Morrisons CEO declines comment when asked if would rule out bid for Sainsbury's
Thursday, 10 May 2018 02:42am EDT 

May 10 (Reuters) - Morrisons ::CFO DECLINES COMMENT WHEN ASKED IF SEEKING CLOSER RELATIONSHIP WITH AMAZON <<>>.CEO SAYS EXPECTS TO PROVIDE COMMENT TO UK'S CMA ON SAINSBURY'S-ASDA DEAL.CEO DECLINES COMMENT WHEN ASKED IF MORRISONS WOULD RULE OUT BIDDING FOR SAINSBURY'S <<>>.  Full Article

Aimia Sells Nectar Business To Sainsbury's
Thursday, 1 Feb 2018 06:00am EST 

Feb 1 (Reuters) - Aimia Inc ::PRESS RELEASE - AIMIA SELLS NECTAR BUSINESS TO SAINSBURY'S.‍DEAL FOR A GROSS CONSIDERATION OF APPROXIMATELY $105 MILLION (OR £60 MILLION).AGREEMENT ALSO PROVIDES FOR TRANSFER TO SAINSBURY'S OF APPROXIMATELY $183 MILLION (£105 MILLION) OF CASH.CO WILL CONTINUE TO DELIVER CUSTOMER INSIGHTS AND DATA ANALYTICS PLATFORMS TO CUSTOMERS OUTSIDE U.K..‍AGREEMENT ALSO PROVIDES FOR TRANSFER TO SAINSBURY'S OF ABT $183 MILLION (£105 MILLION) OF CASH PROVIDING COVERAGE AGAINST NECTAR REDEMPTION LIABILITY​.AFTER CONSENT OF LENDERS, CO REDUCED OVERALL DEBT LEVEL WITH A $100 MILLION REPAYMENT MADE AT CLOSING.AIMIA - IMPACT OF DEAL TO HAVE POSITIVE IMPACT ON CO'S NET CASH POSITION PRIOR TO REPAYMENT OF $100 MILLION UNDER CREDIT FACILITY.DEAL IS ALSO SUBJECT TO CUSTOMARY WORKING CAPITAL ADJUSTMENTS, WITH NET WORKING CAPITAL PAID TO SAINSBURY'S AT CLOSING OF ABOUT $96 MILLION.IN ADDITION, AIMIA HAS AGREED TO CERTAIN AMENDMENTS TO CREDIT AGREEMENT.ALSO OBTAINED CONSENT OF ITS LENDERS, AS REQUIRED FOR RELEASE OF ONE OF CO'S UNIT GUARANTORS UNDER ITS SENIOR CREDIT AGREEMENT.  Full Article

Sainsbury's CEO says expects full year profit of over 572 mln stg
Wednesday, 10 Jan 2018 03:33am EST 

Jan 10 (Reuters) - Sainsbury's ::SHARES UP 1.7 PERCENT AFTER FIRM BEATS FORECASTS FOR CHRISTMAS TRADING, UPGRADES PROFIT OUTLOOK.CEO SAYS GROCERY SALES VOLUMES "WENT BACKWARDS SLIGHTLY" IN Q3.CEO SAYS ARGOS IMPROVED MARKET SHARE IN Q3.CEO SAYS TOY SALES "WERE CHALLENGED" IN Q3.CEO SAYS PREMIUM RANGE "TASTE THE DIFFERENCE" GREW SALES 6 PERCENT IN Q3.CFO SAYS OVERALL RETAIL BUSINESS DELIVERED EXACTLY IN Q3 AS MANAGEMENT EXPECTED.CEO SAYS EXPECTS FY PRETAX PROFIT OF OVER 572 MILLION STG.  Full Article

Sainsbury's shares lower as Q2 sales growth slows
Thursday, 9 Nov 2017 04:04am EST 

Nov 9 (Reuters) - Sainsbury's :Shares down 2.9 percent as Q2 underlying sales growth slows.CEO says gained market share in general merchandise in first half.CEO says UK customers currently "very value conscious".CEO says "confident in Christmas offer", group "in pretty good shape".  Full Article

St. Ives says contract with Sainsbury's will not be renewed
Thursday, 21 Sep 2017 08:01am EDT 

Sept 21 (Reuters) - St Ives Plc :ST. IVES PLC - STATEMENT RE CONTRACT.ST IVES - INFORMED BY SAINSBURY'S THAT CONTRACT WITH GROUP'S MARKETING ACTIVATION SEGMENT WILL NOT BE RENEWED.ST IVES PLC - ‍MANAGEMENT WILL BE INITIATING ACTIONS TO REDUCE COST BASE OF SEGMENT TO MITIGATE IMPACT OF NON-RENEWAL OF CONTRACT​.ST IVES - DUE TO STRONGER THAN EXPECTED TRADING OUTLOOK IN STRATEGIC MARKETING UNIT, CO DOES NOT SEE NON-RENEWAL OF CONTRACT TO HAVE IMPACT ON FY OUTLOOK.  Full Article

GE's Current partnering with Sainsbury's for LED lighting
Monday, 26 Jun 2017 08:01am EDT 

June 26 (Reuters) - General Electric Co :General Electric- Current is partnering with Sainsbury's to make it first grocery retailer in U.K. To power all its supermarkets entirely by LED lighting.  Full Article

J Sainsbury is exploring a takeover bid for Palmer & Harvey- Sky News, citing sources
Friday, 26 May 2017 06:19am EDT 

May 26 (Reuters) - :J Sainsbury Plc is exploring a takeover bid for Palmer & Harvey- Sky News, citing sources.  Full Article

Sainsbury's says over 3 to 5 year period can deliver profit growth
Wednesday, 3 May 2017 03:36am EDT 

May 3 (Reuters) - Sainsbury's :Shares down 2.7 percent on cautious outlook with full year results.Sainsbury's CEO says over 3 to 5 year period firm can deliver profit growth.CFO says comfortable with analysts' profit consensus for 2017-18 of 573 million stg.  Full Article

Sainsbury's "happy" with 2016-17 profit consensus of 578 mln stg
Thursday, 16 Mar 2017 04:32am EDT 

Sainsbury's : Shares down 2.5 percent after Q4 underlying supermarket sales edge lower, highlights cost price pressures . CFO says "very happy" with analysts' 2016-17 pretax profit consensus of 578 million stg Further company coverage: [nL5N1GT18G] (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

UPDATE 1-Trade keeps pressure on Britain's FTSE as miners, big oil fall

* Anglo American up on report of possible bid for South Africa business