Sainsbury profit growth driven by own-label food
date:Nov 15, 2012
nued outperformance in what has remained a challenging market.
We have grown our underlying basic earnings per share to 15.2p, return on capital employed remains unchanged at 10.9% and our interim dividend is 4.8p per share, up by 6.7%.

Meanwhile, City analyst Shore Capital described Sainsburys results asvery solid and a little above its expectations.

Shores Clive Black and Darren Shirley said: Looking into 2012/13, we believe there is scope for Sainsbury to modestly pare back its capital inve
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