Summary
The Co-operative Group has reported a 17 per cent rise in half- year profits, but warned trading conditions would remain challenging until at least the end of next year.
It posted underlying profits before payments to members of Pounds 260 million, up from Pounds 221 million a year earlier, with a 12.6 per cent leap in profits at its supermarket arm.See the full content of this document
Extract
Profits Rise at Co-Op Comes with Warning
Sales at the grocery chain dropped one per cent, which it blamed on disruption amid the integration of the Somerfield business bought by ...
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