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Coles Group Limited (ASX:COL)

ALERT: Price-sensitive ASX Announcement for COL
Current share price for COL : $24.010 1.82 (8.20%)+
Announcement
Release
27 Feb 2026 8:30AM
Price at Release
$22.190
Full Release
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Summary
Coles Group Limited's Half Year Financial Report for the period ending January 4, 2026, indicates a mixed financial performance. The company reported a sales revenue increase of 2.5% to $23,618 million, with a corresponding 7.8% growth in EBITDA. However, net profit after tax decreased by 11.3% to $511 million. The report highlights a 14.6% EBIT increase in the Supermarkets segment, driven by value investments and efficiency improvements. The Liquor segment faced a 3.2% sales revenue decline due to competitive market pressures. Coles' eCommerce sales rose significantly by 27%, with enhanced partnerships and a focus on retail media income. Significant items impacted the financial outcomes, including a $235 million provision related to ongoing legal matters and modernisation projects. The company continues to focus on strategic growth initiatives despite facing challenges in certain sectors.
Key Points
  • Sales revenue increased by 2.5% to $23,618 million.
  • EBITDA grew by 7.8%, while net profit after tax decreased by 11.3% to $511 million.
  • Supermarkets EBIT increased by 14.6% due to value investments and efficiency improvements.
  • Liquor segment sales revenue declined by 3.2% amid competitive pressures.
  • Ecommerce sales rose by 27%, supported by strategic partnerships and retail media growth.
  • Significant items included a $235 million provision related to legal proceedings and restructuring.
  • Continued focus on strategic growth initiatives despite sector-specific challenges.
  • Directors' and auditors' responsibilities outlined in compliance with the Corporations Act 2001.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.