Coop grew strongly over the past year and generated sales of CHF 34.2 billion, which equates to a rise of 7.3%. Cost increases of around CHF 250 million were charged to profit and not being passed on to customers. At CHF 562 million, profit was slightly higher than the previous year and will be fully reinvested in the company.
Both the retail and wholesale / production divisions experienced marked sales growth. Retail grew by CHF 304 million, to CHF 19.9 billion, and the wholesale / production business area by over CHF 2 billion, to CHF 15.7 billion.
The online business posted sales of around CHF 5 billion, an increase of CHF 1.2 billion.
Sustainability sales also rose by a substantial CHF 382 million, to CHF 6.2 billion, meaning that Coop is still the clear number 1 in Switzerland for sustainability. Coop has the widest sustainable range in Swiss retail and the world’s largest selection of Fairtrade goods.
The “Coop Group in figures” section of the Annual Report includes the key figures for the Coop Group, a report on the business year and the consolidated financial statements in accordance with the accounting and reporting recommendations of the Swiss Foundation for Accounting and Reporting (Swiss GAAP ARR).
As sustainability is an integral component of all strategies and projects at Coop, the “Coop Group in figures” section of the Annual Report also includes sustainability key figures. The “Sustainability Progress Report” of the Coop Group, which is published online annually in May, contains detailed key figures on sustainability.