Channel Islands Co-op Reports £7.2m Profit Amid Cost of Living Pressures

The Channel Islands Co-op has reported a trading profit of £7.2 million for 2025, as the retailer prepares to hold its annual members’ meetings in Jersey and Guernsey this week.

According to its latest annual report, the Society recorded a turnover of £220.4 million over the past year, representing an increase of 4.35%. Profits rose by nearly 7%, while the business posted a net surplus of £1 million.

The retailer described the past year as one marked by “resilience, growth and community impact” despite ongoing global economic challenges and continued pressure on household finances across the islands.

Chief Executive Mark Cox said the Society had focused on supporting members through competitive pricing and savings initiatives during a difficult period for both consumers and retailers.

The Co-op said £10.5 million was returned to members through savings, dividends and interest payments during the year.

The Society’s annual report will be presented to members during meetings taking place in Guernsey on Monday evening at St Pierre Park, followed by Jersey’s gathering on Tuesday at the Radisson Hotel.

Members will also be asked to approve a 2% dividend for the third consecutive year. The rate was reduced from 4% in 2024.

Votes will additionally be held on appointments to the Board of Directors.

The Society said it welcomed 5,119 new members during 2025, with more than 20% of new sign-ups aged under 25.