Coles posts robust 2016 results

Date : 24 August 2016
Coles has reported its full year results for the period ending 30 June 2016, with revenue up 2.7% to AU$39,242m and EBIT up 4.3% to AU$1,860m. Food and liquor sales up 5.1% to AU$31,978m Despite 1.7% price deflation in the year, which accelerated in Q4 and drove a slowdown in performance,…
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