Slight increase in profits for Migros

In 2010, Migros has maintained its leadership in the Swiss market and retained its position as the first distributor in the country, with 20.1% market share (2009: 20.4%).

Turnover of the Migros Group has once again reached the 25 billion Swiss francs. Its profit rose to CHF 5.3 million to $ 851.6 million CHF (+0.6%). Migros has invested in 2010 nearly CHF 1.5 billion (+0.7%).

 "2010 has been a very good year for Migros," says Herbert Bolliger, President of the Migros Cooperatives. "We even managed to exceed the already excellent operating profit last year, thanks to the launch of several new features, kits more attractive".

In 2010, Migros has focused its efforts more particularly on e-commerce, developing dialogue with customers and mobility. The number of Migros outlets in Switzerland rose to 610 in 2010 (2009: 604), its total sales area amounted to 1'293'204 m2 (2009: 1'266'062 m2).

Source: Migros romandie