The group revealed that total sales had increased 8% to £1.35 billion across all of its businesses for the year ending on January 28.
Midcounties Co-op also made a profit before significant items of £11.4 million during the financial year, although this was down from £15.5 million in 2015.
“Travel had an exceptional year,” said Midcounties in a statement. “There were strong results in retail, Personal Travel Agents and the Co-op Consortium while Co-operative Holidays grew significantly with city break locations and Co-operative Rooms performing well.”
Midcounties also operates food, funeral, childcare, post offices and energy services as well as travel.
