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McColl's Sees Revenue Up 2.3% In Full Year 2020

Published on Dec 11 2020 10:59 AM in Retail tagged: Trending Posts / McColl's / Paywall / Coronavirus / Full-Year Report

McColl's Sees Revenue Up 2.3% In Full Year 2020

UK-based convenience group McColl's has reported a 2.3% growth in revenue, to £1.25 billion (€1.36 billion), for full-year 2020.

This performance reflects strong demand since the onset of the COVID-19 pandemic, partly offset by store closures, the company said in a trading update.

Like-for-like sales grew by 12.0% during the financial year, driven by strong performance in beer, wine and spirits, as well as fresh food and tobacco.

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