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