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Booker Group announces quarter four trading update

02 April 2015 by
Booker Group announces quarter four trading update

Food wholesaler Booker Group has announced its trading performance for the 12 weeks to 27 March 2015.

Total sales in the 12 weeks, including Makro, rose by 1.0% on the same period last year with like-for-like total sales (excluding Makro) 1.7% higher with non-tobacco like-for-likes up 2.3%.

Booker Wholesale, the cash and carry division continued to achieve strong customer satisfaction scores, with customer numbers up. Booker Direct, Ritter Courivaud, Classic Drinks and Chef Direct also had a good quarter.

The Makro turnaround is progressing well with 10 combined Booker/Makro sites now performing well.

For the 52 weeks to 27 March 2015, total sales (including Makro) were £4.75b, up by 1.5% compared with last year. Booker like-for-like total sales (excluding Makro) were up by 2.3%.

Booker customer numbers have increased by 4% to 549,000 and internet sales by 12% to £874m.

The group had around £147m net cash at the end of the year, and Charles Wilson, Booker chief executive, said: "This was a good end to a good year. We achieved strong customer satisfaction scores, and sales and profits were the best we have ever achieved.

"The integration of Makro into the group has gone smoothly which has allowed us to improve choice, prices and service to our catering and retail customers. Despite price deflation, we have grown like for like sales and Booker Group remains on track to focus, drive and broaden the business to be the UK's leading wholesaler."

Stuart Hyslop, managing director of Makro & Catering Sales, added: "During the fourth quarter we received our best ever customer satisfaction scores. We will continue to concentrate our efforts on choice, price and service and I would like to thank our customers for their business."

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