Swiss Coop Group on the same level as the previous year in retail

Sales by the Swiss Coop Group increased by 5.1 per cent to CHF 28.3 bn in 2016. Growth amounted to 5.2 per cent after adjustment for currency and inflation effects. Net proceeds in retail totalled CHF 17.2 bn. Although the specialist formats, to which the DIY store sales channel Coop Bau + Hobby belongs, increased by 0.4 per cent (excluding fuels). Coop supermarkets are reported to have reached the previous year's level of CHF 10.3 bn net proceeds.
The increase in total sales is mainly due to the wholesale and production division, which increased its net proceeds by 15.2 per cent to CHF 12.2 bn.