Ahead of its annual meetings, the Channel Islands Co-op is reporting a trading profit of £7.2 million for 2025.
The Society says turnover increased by 4.35% to £220.4 million, with profits up almost 7% and a net surplus of £1m .
The retailer says last year was one of 'resilience, growth, and community impact despite global challenges'.
Mark Cox, CEO, said:
“This has been a challenging year for both islanders and retailers, but we have stayed focused on what matters most, delivering real value to our members.
"While cost of living pressures remain a challenge across both the islands, the Society has taken deliberate action to support members through everyday pricing and targeted savings.
We have strengthened our performance, invested in pricing, and ensured that more money goes back into members’ pockets every time they shop with us.”
CI Co-op says £10.5m was returned to members through savings, dividend and interest.
The annual report will be presented to members at the Annual Members Meeting. Guernsey's is tonight (19 May) at St Pierre Park and Jersey's tomorrow (20 May) at the Radisson.
Members will be asked to approve a 2% dividend for the third year running. It was halved from 4% in 2024.
They will also vote on new Directors to the Board.
The Co-op gained 5,119 new members in 2025, with more than a fifth of those under the age of 25.
Successful start to Guernsey Ports renewable heating oil conversion
Guernsey's Animal Shelter nurses oiled seabird
Home Affairs needs millions to maintain Guernsey's frontline services
New savings scheme for Guernsey children in care
Alderney celebrates two awards at Britain in Bloom
Guernsey reservoir walk closes due to storm damage
Inflation in Guernsey increases to 4.6%
Safety assessment at Guernsey's recycling centre
Comments
Add a comment