Co-op food sales hit 7 year high

SUPR view:

  • LFL food sales up 4.4%, the highest recorded in 7 years

  • Growth driven by the acquisition of Nisa wholesale

  • Provides ability to supply 4,000 independent Nisa stores

  • Revenue up 14%. Pre tax profit up 27%

  • Overall group growth held back by 1% reduction in funeral business


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123 Victoria Street, London, SW1E 6DE

Telephone: +44 20 3790 8087,  Email: ir@atratocapital.com

ABOUT

Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term inflation-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

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Supermarket Income REIT Plc is a proud member of the Association of Investment Companies implementing the principles and recommendations of the AIC’s Code of Corporate Governance.

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