![]() ![]() Despite very challenging markets, delivered a strong sales performance and maintained underlying profitability.*** includes £319m of profit from the sale of the petrol forecourt business, which completed in Octoberįinancial and Business Development Highlights **underlying profit also impacted by the sale of the petrol forecourt business which completed in October, on a like for like basis profit increased by £10m from £90m in 2021 to £100m in 2022. * revenue also impacted by the sale of the petrol forecourt business which completed in October, reducing 2022 revenue by £150m Net cash from operating activities £455m, up by £277m (2021: £178m).Underlying operating profit £100m**, maintained (2021: £100m).New focus to attract one million active new members over the next 5 years, with improved membership proposition to be rolled out in H1. ![]() ![]() Significant Co-op value returned to members, colleagues and communities in line with vision.Focus on cash flow results in strong cash generation and significant reduction in net debt.Early and targeted action against tough economic backdrop leads to strong operational performance and robust financial returns.Full Year Results Announcemen t: 52 weeks to 31 December 2022.Ĭo-op delivers against strategy and targets one million new members ![]()
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