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Coles Express Announces Its Petrol Sales Down

Mr Durkan (Head of Coles) said fuel's performance has been driven by a decline in fuel volumes and lower fuel prices. Headline volumes dropped 4.4 per cent, while comparable volumes decreased 7.9 per cent.

'Coles Express continues to experience pressure on fuel volumes. Our current volume is not where we would like it to be and we’re working on stabilising those volumes,' Mr Durkan said.

Coles opened 31 new sites in FY16, with an additional 28 Coles Express sites upgraded with new branding.

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