Foodstuffs North Island adds $4.3b revenue to its results basket

(Image: Foodstuffs)

Tue, 11 Jul 2023

Despite being “inflation fighters”, Foodstuffs North Island saw revenue jump by $278.5 million in its 2023 financial year.But the co-op said it plans to combat inflation and deliver more value to customers amid a cost-of-living crisis.Revenue jumped from $4.02b last year to $4.33b in 2023 – up 6.9% or $278.5m from 2022.The company wrote in the results that it had worked hard to be “inflation fighters” for its customers.“We’re proud of the heavy lifting we’ve done to absorb record cost increases so...

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