05 April 2019
Major UK convenience retailer, Co-op has reported strong trading results for the year 2018, with Food underlying profit up 12% to £204m on sales of £7.3bn.
Strong retail performance
Total group revenue was driven by Co-op’s acquisition of Nisa and robust performance from the food business, and increased by 14% to £10.2bn. Food like-for-like sales were up 4.4%, its fastest growth in seven ye...