
Morrisons is in talks with British online grocer Ocado which could lead to some form of partnership deal.
The group made an underlying pretax profit of 901 million pounds ($1.34 billion) in the year to Feb. 3.
That compared with analysts' consensus forecast of about 902 million pounds but was down from 935 million pounds made in the 2011-12 year.
Morrisons did, however, raise its dividend for the year by 10 percent to 11.8 pence.