COL coles group limited.

News: COL Australian grocer Coles annual profit falls 9%, declares maiden dividend

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    Aug 22 (Reuters) - Supermarket operator Coles Group (COL) said on Thursday its annual net profit fell 9%, hit by costs related to its separation from parent Wesfarmers (WES) late last year.

    Australia's second-largest grocery chain said net profit for the year to June 30 came in at A$1.43 billion ($969.97 million), down from A$1.58 billion last year.

    The company declared a final dividend of 24 cents a share and a special dividend of 11.5 cents a share, the first dividends.

    ($1 = 1.4743 Australian dollars)

 
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