Aldi increases pre-tax profits by 124%

Aldi boost as profits up 124%

Supermarket chain Aldi has announced its profits have risen by 124% as a million more customers passed through its doors.

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Accounts posted today for Aldi show the budget supermarket has grown pre-tax profits by 123.9 percent to £157.9 million.

Supermarket Aldi has posted profits up 124 percent. Credit: Press Association

In the year ending December 31, 2012, total group turnover also increased by more than £1 billion, representing a 40 percent increase over 2011.

The chain has attributed the growth to "increases in footfall, market share and basket size".

Last updated Mon 30 Sep 2013

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