FTAdviser.com - Co-op must try

Co-op must try

Story by: Hal Austin
Magazine: FinancialAdviser
Published Thursday , July 03, 2008

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It is nice to see the Coop Group is making a healthy profit and returning some of that to members in a profit share.

But the bottom line is that the Coop, despite its mutuality, still has an obligation to all its shareholders to treat them fairly.

So far, the end of term report on the Coop is not as good as it ought to be, or as many of its senior executives pretend it is. It must try harder.

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-FTA-1.0.28a-prod - 31/10/2008 10:02:29