Sainsbury has swung to a FY pretax profit of GBP548m, from a year-earlier loss of GBP72m. Underlying group sales including VAT slipped to GBP25.829bn, from GBP26.122bn, as it noted on-going pricing pressures.
Glencore is maintaining its full year production guidance except for E&P oil where reductions in the drilling campaign have led to a 0.3 million barrel reduction compared to previous guidance.
Randgold Resources has hiked its March-quarter pretax profit to USD85.3m, from USD60.98m. Revenue totalled USD267.56m, from USD231.23m. Shareholders have approved a 10% rise in annual dividend to USD0.66 a share.