In the Retail and Industry sector, income increased by CHF 224 million to CHF 27.9 billion (+0.8%). In the core retailing business, sales in Switzerland and abroad totalled CHF 23.8 billion (CHF +28 million or +0.1%). Retail sales in Switzerland rose by CHF 122 million to CHF 22.0 billion (+0.6%). Retail sales abroad comprise the sales of Migros France, Tegut Group and Gries Deco Group. Compared to the previous year, retail sales abroad fell by CHF 89 million to CHF 1.7 billion (-4.9%, Gries Deco Group only included until the end of November 2019).
In the Financial Services sector, income increased by a total of CHF 6 million to CHF 790 million (+0.7%).
Income trend (sales trend) in the Retail and Industry sector
Income trend in the Financial Services sector
Total income in the Financial Services sector amounted to CHF 790 million in the reporting year (+0.7%), with interest revenue of CHF 607 million or 76.8% constituting the main share of this figure.