UK supermarket chain Wm Morrison has unveiled another strong set of financial results ahead of expectations, as it consistently betters rivals in terms of business growth. The family-owned, no-frills, northern chain, the fifth largest supermarket retailer in the UK, posted a 15.3% increase in turnover to £1.97bn (US$2.87bn) for the first six months of 2001. Profits were up 14.1%, to £98.6m and growth in like-for-like takings was also promising at 7.7%.