date:Jan 20, 2014
rket grew by 1.3% to CHF21 billion , while international growth was up an underlying 12.5%. Denner, Migros' domestic discount banner, had a sales increase of 1.5% to CHF2.88 billion.
The company's manufacturing arm, Migros Industrie, saw revenue rise 6.3% to CHF5.76 billion, which it said was helped by the acquisitions of Swiss wholesale chain CAA Angehrn and dairy firm Bersenn.
Behind these numbers is [an] excellent overall performance. Despite intense competition and falling prices, we exper