Booker half-year profits up 22% to £45m

Booker Group has announced profits before tax were up 22% to £45m for the 24 weeks ended September 9, and sales for the period totalled £1.8bn, up 8.5% on the same period a year ago.

The interim results give full financial details of the group’s performance in its first half, following the trading update last month, which only disclosed the percentage growth.

The results also disclosed that internet sales increased to £300m, up 22.6% on the same period last year.

Commenting on the results, chief executive Charles Wilson said: “Our plan to focus, drive and broaden Booker Group is on track. We improved choice, price and service for our customers, which increased sales by 8.5%. Ritter Courivaud and Classic, the two businesses we acquired last year, have fitted nicely into the group and the internet and India are making good progress. In a challenging business environment, Booker continues to advance.”

Mark Aylwin, managing director of Booker Direct, revealed that in addition to integrating Classic into the Features > Business, two new Classic sites have been opened at Brighton and Chester.

Get Our E-Newsletter - Wholesale News stories in your in-box, delivered weekly.
Will be used in accordance with our Privacy Policy

About The Author