Non-tobacco business boosts Booker’s performance

An increase in non-tobacco sales in the 16 weeks to 29 December 2017 more than compensated for a further decline in tobacco business for Booker.

Total income for the period rose by 3.4% (like-for-like 3.8% ahead), of which non-tobacco grew by 5.9% (6.2%) and tobacco declined by 2.6% (2.1%).

Chief executive Charles Wilson (left) reported that both the retail and catering sides made good progress.

He added that the Premier retail chain continues to grow while Budgens and Londis are performing well.

Internet sales increased by 14% to £381 million (excluding Budgens and Londis).

In the petrol forecourt sector, Booker has begun supplying Shell and MRH petrol stations.

Commenting on the merger with Tesco, Wilson said that final shareholder approval is expected by the end of next month.

Tel: Booker Group (01933) 371000


Published Date: January 11, 2018
Category: Wholesale Industry News