The British arm of German discount supermarket Lidl reported on Thursday a 19% rise in full-year revenues as its low prices attracted higher numbers of shoppers, but it swung to a loss due to investments in price plus higher costs from inflation.

For the 12 months to Feb. 28 2023, Lidl GB, part of Germany's Schwarz retail group posted a pre-tax loss of 76 million pounds ($94.97 million) on revenue of 9.3 billion pounds. ($1 = 0.8003 pounds) (Reporting by Sarah Young and James Davey, editing by Elizabeth Piper)