Grocery retailer ITM (Intermarché) has, after several years of struggling sales, reported like-for-like revenue growth of 3.1% to e19.2bn (£16.3bn) excluding fuel for the 2011 financial year. Like-for-like sales in the first four months of 2012 rose 7.9%.
ITM’s hypermarkets outperformed its supermarkets in 2011, delivering a 3.9% uplift in sales, excluding petrol.
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