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.
Guernsey man reflects on surviving 9/11 on the 25th anniversary
Temporary traffic lights removed from key St Peter Port route sooner than expected
New car for Guernsey's Meals on Wheels fleet
Major power cut switches off most of Alderney
Perfect evening for Guernsey's 2026 Air Display
The Red Arrows pull out of performing over Guernsey
Guernsey's Ladies' Pool reopens after pollution incident
Passengers at Guernsey Airport told to expect some flight disruption
Comments
Add a comment