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Co-op hails 18th consecutive quarter of sales growth

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The Co-op has cashed in on its recent Nisa acquisition as it announces double digit rises in both sales and profits for the half year. In the six months to July 7 the grocer posted like-for-like sales growth of 4.4 per cent, marking its 18 th consecutive quarter of growth, while its total sales jumped 10 per cent to £5 billion. Meanwhile its pre-tax profits skyrocketed 85 per cent year-on-year to £26 million, which it attributed to strong food sales growth around the World Cup and its £137.5 million takeover of Nisa earlier this year

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Co-op hails 18th consecutive quarter of sales growth

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