ARGYLL NET RISES 4% AS SALES GAIN

LONDON (FNS) -- Argyll Group, owner of Safeway, Lo-Cost and Presto here, said after-tax profits increased 4% to $225.61 million (143.7 million pounds) as sales rose 6.9% to $5.28 billion for the 28 weeks ended Oct. 15. At Safeway, Argyll's largest retail food division, operating profit rose 9.3% to $292.33 million. Sales rose 9.3% to $4.37 billion.its Lo-Cost discount stores, and the 31 not sold have

LONDON (FNS) -- Argyll Group, owner of Safeway, Lo-Cost and Presto here, said after-tax profits increased 4% to $225.61 million (143.7 million pounds) as sales rose 6.9% to $5.28 billion for the 28 weeks ended Oct. 15. At Safeway, Argyll's largest retail food division, operating profit rose 9.3% to $292.33 million. Sales rose 9.3% to $4.37 billion.

its Lo-Cost discount stores, and the 31 not sold have been closed.

FIRST-HALF RESULTS

28 Weeks Ended 10/15/94 10/16/9

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