Coop logo Annual Report
2024

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Foreword
Coop continues to grow and achieves a good result

34.9
Total sales in CHF billion

With sales of 34.9 billion Swiss francs, the Coop Group achieved further growth in 2024, and remains on a rock solid financial footing. The result was positively impacted by, chiefly, the supermarket business and the Wholesale/Production Business Area. At 585 million Swiss francs, profit was up slightly on the previous year.

In Retail, the supermarkets including Coop.ch generated net sales of 12.1 billion Swiss francs, an increase of 2.0%. It gives us great satisfaction that, through targeted investments during the reporting year, we were able to reduce the prices of over 2 400 products, making a significant contribution to saving Swiss households money. Entry-level own-label brand Prix Garantie proved very popular too, recording growth of 7.4%. We also generated further impetus in the online business. The number of deliveries made by the award-winning omnichannel platform coop.ch, for instance, increased by 9.0% and net sales by 8.7%. The specialist formats also reported stable results and, just like the supermarkets, all gained market shares, so that all areas consolidated their market position.

The Wholesale/Production Business Area continued to develop very well. With total sales of 16.9 billion Swiss francs which, adjusted for currency movements, equates to an increase of 2.9%, the Coop Group and its subsidiaries are underpinning their strong position in the manufacture of their own products and as one of the leading companies in Europe’s cash & carry and wholesale supplies business.

6.4
Net sales sustainable ranges in CHF billion

We have proudly boasted the widest sustainable range in retail and wholesale for many years. In 2024, net sales in the sustainability segment increased by 167 million Swiss francs, to 6.4 billion Swiss francs – a rise of 2.7%.

All of this has been made possible by our more than 97 000 dedicated employees, to whom we extend our heartfelt thanks for their tireless commitment. We would also like to thank our loyal customers for the trust they place in us, which motivates us anew every day. Together, we look to the future with optimism and look forward to continuing to impress with our innovative and high-quality ranges, sustainable products and expert advice.

Joos Sutter
Joos Sutter
Chairman of the Board of Directors
Philipp Wyss
Philipp Wyss
Chairman of the Executive Committee (CEO)