Co-op Group continues progress and returns to healthcare sector
The Co-op Group outlined a strong first half today, with sales and profits improving, and a return to the health sector.
In the 26 weeks to July 7, the Manchester-based group saw sales jump 10% to £5bn, driven by a strong food sales performance, and the acquisition of Nisa.
Group pre-tax profit rose from £14m to £26m, after paying £35m of rewards for Co-op members and their communities.
And today Co-op announced the acquisition of Dimec, a healthcare technology platform, which marks the group's return into the healthcare ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...