Lincolnshire record a healthy surplus

SALES have increased by nearly six per cent at Lincolnshire Co-operative in the past six months.The society’s half-year results show an overall 5.7 per cent increase to £104.3 million...

SALES have increased by nearly six per cent at Lincolnshire Co-operative in the past six months.

The society’s half-year results show an overall 5.7 per cent increase to £104.3 million for the six months ended March 3rd. 

This was more than matched by an increase of 6.5 per cent in trading surplus to £8.3 million. The best performances came from food stores — with a 16.5 per cent growth in sales driven by an 11.5 per cent like-for-like increase — Gadsby’s Bakery, funeral services and Holland Brothers Jaguar. Business also increased in the society’s pharmacy division compensating for difficult trading in home departments and Travelcare outlets. 

Chief Executive Ursula Lidbetter commented: “Our excellent trading result has been achieved through our ability to attract and retain customers. 

“The service our staff provide plays a huge part in that and we’ve given a high priority to staff training and development." 

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