Scotmid Co-operative has reported turnover of £213 million for the 26 weeks to 26 July 2025, delivering a modest trading profit of £112,000 during what it described as one of its most challenging periods in recent years.
The Edinburgh-based society said its performance was significantly affected by the Co-op Group cyber attack in May, which disrupted supply chains and led to stock shortages across stores. Despite this, Scotmid’s net assets increased to £125.4 million, up £3.8 million compared with the same period last year.
Karen Scott, chief executive of Scotmid Co-operative, said: “This was a half-year like no other – while none of our systems or data were compromised, our supply chain was heavily impacted by the Co-op Group cyber incident. Stores continued to trade, systems were safeguarded, and our commitment to members and communities never wavered – that resilience is something I’m incredibly proud of.”
The food convenience division bore the brunt of the disruption, although the society’s property and funeral divisions delivered steady performances that helped offset some of the volatility. Scotmid has continued to prioritise investment in both its property portfolio and its expanding funeral services business, which has seen upgrades to care centre facilities.
Capital investment has also been directed towards store refits, infrastructure improvements, a new opening in Fountainbridge, and the rollout of self-scan checkouts.
Scott added: “Retail conditions remain tough and cost pressures are real – but we’re in a strong position to move forward.”
The results came as the wider Co-operative Group reported an underlying pre-tax loss of £75 million for the half year to 5 July, compared with a £3 million profit in the same period of 2024. The group estimated the cyber attack led to an £80 million hit to earnings, with sales down by more than £200 million.
The attack, described by the Co-op as “sophisticated”, saw hackers access and extract members’ personal data. In July, the group confirmed the information of all 6.5 million members had been stolen. It said a copy of one file was created, but further attempts to install ransomware were thwarted.
Despite the disruption, the Co-op said essential services, including funeral care, were maintained and that support was extended to independent societies and franchise partners. It also offered members a £10 discount on a £40 shop as a gesture of thanks for their support during the crisis.