date:Mar 05, 2014
Higher sales at Switzerland's second largest retailer Coop helped increase full year profits in 2013.
Net profit for the full financial year reached CHF462 million (377.29 million) which represents a 2.2% increase from 2012.
Revenue, which included the sales figures from Coop's various food retail and manufacturing subsidiaries, was up 0.9% to CHF27 billion (23.03 million).
Specifically, supermarket sales grew 1.6%, totaling CHF11 billion.
Over the course of the year, Coop opened 34 new sto