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Five highlights from Coles' FY 2023

Date : 22 August 2023

Soo-Eng Tan

Senior Analyst

Coles’ has achieved sales revenue growth of 5.9% to AUD40,483m and EBIT up by 3.8% to AU$3,382m for FY 2023 ending 25 June 2023. The retailer has completed its fourth year of its transformation strategy and has delivered AUD1bn in cumulative benefits as planned. 1. Supermarkets revenue grew 6.1%…
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