Booker breakthrough

Booker is back in growth for the first time since Charles Wilson took over as chief executive in October 2005.
Speaking at the FWD Annual Conference, Wilson revealed the extent of the recovery of the group, which is the UK’s largest cash and carry business with a turnover exceeding £3bn and 172 depots.
When he took over the company was haemorrhaging sales with turnover declining by 6.1% in the half year ending September 30 2005.
He told the conference the rate of decline had been steadily reducing each half since and forecast it would be 0.2% for the half year ending March 31 this year.
But he also revealed that in the fourth quarter the company had returned to overall sales growth, although he did not reveal the figure, and that sales to caterers in the half year would have grown by 3.5%.

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