Federated Co-operatives Limited retained its spot at the top of SaskBusiness Magazine’s 2015 Top 100 list
Saskatoon, Canada, 2015-9-15 — /EPR Retail News/ — Federated Co-operatives Limited (FCL) has retained its spot at the top of SaskBusiness Magazine’s 2015 list of the Top 100 largest companies in Saskatchewan.
It’s the third year in a row that FCL has placed first in the rankings. In 2014, FCL revenue rose 15 per cent to a record $10.8 billion. Net earnings from operations totalled $656 million. Of that, $451 million was returned to local retail co-ops in patronage allocations.
“This year has not been without its challenges, yet FCL and the Co-operative Retailing System (CRS) continue to build for the long-term,” said FCL CEO Scott Banda. “Our performance is driven by the partnership with our member owners, those local co-ops that, along with FCL, make up the CRS. Our Federation is part of what makes us unique — a partnership based on co-operation, a commitment to the communities we serve and shared profits.”
FCL is joined on this year’s list by 19 retail co-operatives. Together, the retail co-ops included in theSaskBusiness list recorded combined sales of more than $2.3 billion in 2014.
FCL is a Saskatoon-based company owned by 210 retail co-operatives that span Western Canada, employing more than 3,300 people. FCL has two wholly owned subsidiaries — the Co-op Refinery Complex in Regina, Sask., and The Grocery People in Edmonton, Alta.
| Ranking | Wholesale/Retail Co-operative | Location |
| 1 | Federated Co-operatives Limited | Saskatoon |
| 22 | Saskatoon Co-operative Association | Saskatoon |
| 31 | Pioneer Co-operative Association | Swift Current |
| 35 | Sherwood Co-operative Association | Regina |
| 36 | Prince Albert Co-operative Association | Prince Albert |
| 48 | Lloydminster & District Co-operative Association | Lloydminster |
| 61 | Discovery Co-operative Association | North Battleford |
| 63 | Yorkton Co-operative Association | Yorkton |
| 70 | Prairie Sky Co-operative Association | Weyburn |
| 71 | Moose Jaw Co-operative Association | Moose Jaw |
| 81 | Southern Plains Co-operative Association | Estevan |
| 82 | Prairie North Co-operative Association | Melfort |
| 84 | Kindersley & District Co-operative Association | Kindersley |
| 85 | Pineland Co-operative Association | Nipawin |
| 86 | Delta Co-operative Association | Unity |
| 90 | Meadow Lake Co-operative Association | Meadow Lake |
| 92 | Central Plains Co-operative Association | Rosetown |
| 98 | Borderland Co-operative Association | Moosomin |
| 99 | Southland Co-operative Association | Assiniboia |
| 100 | Prairie Co-operative Association | Melville |
