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News Tag: dividend payments

March 30, 2011

Co-operative Group reports record 2010 performance

by Kay Murchie
”Co-operative
Britain’s largest mutually-owned retailer, the Co-operative Group, has today posted “record” results for the 2010 year. The group said underlying operating profits before significant items surged 48% to £545.7 million compared with £367.9 million the year before. Group sales were 10% higher at £13.7 billion. Earnings at the group have been boosted by its acquisition of Somerfield and its merger with the Britannia ...