UK supermarket chain Sainsbury's has reported a 16.3% rise in annual pre-tax profit to £898m for the year to 15 March compared with £772m a year earlier.
But like-for-like sales, which strip out trading at new stores, excluding fuel, rose by just 0.2%.
The firm said it had maintained market share in a "tough retail environment".
In January, the supermarket announced chief executive Justin King was to leave in July after 10 years.
Mr King is credited with the transformation of Sainsbury's fortunes during his 10-year tenure in charge of the supermarket.
Sainsbury's chairman David Tyler pointed out that under Mr King customer transactions had increased by 10 million a week to around 24 million.
He added annual sales had grown by £10.3bn to £26.4bn, while underlying pre-tax profit had trebled.
Mr King will be succeeded as chief executive by Sainsbury's commercial director Mike Coupe in July.
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