The Co-op profits soar despite like-for-like dip

Operating profits soar by 33.3% at the grocer but like-for-likes dip by 2.5%

The Co-operative Group’s food business operating profits soared 33.3% in 2010 despite a 2.5% drop in like-for-likes which it blamed on disruption from the Somerfield integration.

 

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