Coles reports challenging H1

Date : 21 February 2018
Coles has posted its H1 results for the period ending 31 December 2017, with revenue falling 0.3% to AU$19,978m and earnings before interest and tax (EBIT) declining 14.1% to AU$790m. Lower earnings were mainly due to investments made in the customer offer, as well as lower property earnings due to…
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