Sales up overall but further tobacco downturn for Booker

Booker Group’s sales in the 12 weeks ended 8 September rose by 1.1% compared with the previous corresponding period. On a like-for-like basis, they were 1.3% up. Yet although non-tobacco income increased by 5.8% (like for like by 6%), tobacco business continued to decline – by 9.7% (9.4%).

Despite the tobacco dip, chief executive Charles Wilson (pictured) said that it had been a “solid quarter” for the company in terms of both customer satisfaction and cash profit.

Progress continued to be made by Booker Direct, Chef Direct, Ritter and the Indian operation.

Wilson said that he was also encouraged by the performance of the Premier, Budgens and Londis retail chains. He commented: “Our plans to focus, drive and broaden Booker Group are on track.

“The competition review of the planned merger with Tesco is progressing.”

Tel: Booker Group (01933) 371000      

Published Date: September 14, 2017
Category: Wholesale Industry News