Finnish retail co-operative S Group has reported an 8% increase in its grocery sales for 2011.

The company said its grocery retail sales were up 8.1% at EUR6.24bn (US$5.2bn) year-on-year. It did not provide profit numbers for the year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

S Group described the rise as “fairly good” and said grocery sales in Finland increased 5.9% in 2011.

The co-op operates supermarkets, service stations, department stores and speciality outlets mostly in Finland but also in the Baltic States and in the Russian city of St Petersburg. Its business also includes hotels and coffee shops.

S Group, which opened three Prisma stores in St Petersburg last year, said its grocery sales outside Finland increased 40.6% to EUR264.4m in 2011.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now