Coles Group: H1 total sales +3.9%, new CEO appointed

Date : 21 February 2023

Soo-Eng Tan

Senior Analyst

Australia’s Coles Group reported sales growth of 3.9%, from continuing operations, in its half year to 1 January 2023, reaching AU$20.8 bn (US$14.4 bn), underpinned by the strength of growth at its supermarkets and online. The retailer said its EBIT rose 9.9% to AU$1.1 bn (US$759.2m) as…
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