Finnish retailer S Group has booked higher half-year profits on the back of improved sales.

S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn.

The company said its supermarket sales rose 8.3% to EUR3.64bn. The supermarket channel is S Group’s largest channel. It also operates formats including service stations and department stores.

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By GlobalData