Coles released its full-year results for the 12 months ended June 30. Headline food and liquor sales of Aus$26.2bn (£17.51bn) were 4.6% above 2011, while like-for-like sales increased 3.7%.

That was a better performance than rival Woolworths, which posted a full-year Australian food and liquor sales increase of 3.8%.

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