Sales down but profit steady at Scotmid

EDINBURGH-based Scotmid Co-operative returned £2m operating profit (for the 26 weeks ended 1st August, 2015) slightly down on the previous year, on revenue down £6m to £206m.
Chief executive John Brodie, said in the trading circumstances it had amounted to a good performance by the group’s retail trading businesses.
“Our food convenience business continued the programme of differentiation, including bakery and local products and also made a significant investment in energy saving measures.”