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Co-op back in profit; sees dividend after 2017

2015-04-09 10:57:00| Food - Topix.net

Co-operative Group Ltd. Thursday posted a return to profit as it gained from disposals and said it expects to begin dividend payments after 2017. The mutually-owned conglomerate, whose operations include supermarkets, banking and funeral homes recorded net profit of 216 million pounds during the 52 weeks ended January 3, compared with loss of GBP2.3 billion a year earlier.

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