United Co-operatives has confirmed it will continue to grow its c-store estate after announcing turnover for the first half of its financial year had surpassed the £1bn mark for the first time.
During the 26 weeks ending July 23, turnover for the company grew to £1.02bn, an increase of 12.6% on the same period last year.
The Society, which trades through 436 c-stores across the North Midlands and the North, pinpointed its food and health care groups as driving the strong performance figures, with its c-stores showing a 3.4% underlying like-for-like increase in turnover.
The Food Group as a whole increased turnover by £50m to £436.9m - a 13% increase on the previous year.
United Co-operatives chief executive Peter Marks commented: “Yet again, United is reporting on a superb set of figures and major progress in key areas of the business. We are growing organically and by acquisition and both will continue.”
During the 26 weeks ending July 23, turnover for the company grew to £1.02bn, an increase of 12.6% on the same period last year.
The Society, which trades through 436 c-stores across the North Midlands and the North, pinpointed its food and health care groups as driving the strong performance figures, with its c-stores showing a 3.4% underlying like-for-like increase in turnover.
The Food Group as a whole increased turnover by £50m to £436.9m - a 13% increase on the previous year.
United Co-operatives chief executive Peter Marks commented: “Yet again, United is reporting on a superb set of figures and major progress in key areas of the business. We are growing organically and by acquisition and both will continue.”
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