Booker profits up 12.1%

Booker pre-tax profits were up 12.1% to £29.7m for the 24 weeks ended September 11, and like-for-like rose 7.7% to £1.6bn compared with the same period last year.

Its interim results also revealed that like-for-like sales to caterers were up 12.6% and to retailers they grew by 5.5%.

Last month its trading statement for the same period showed debt had been slashed to £4m.

Commenting on the results, chief executive Charles Wilson said: “Booker is helping more independent caterers and retailers compete in a difficult economic environment. Through better choice, price and service we have grown sales by £115.7m in the first half. Plans to ‘Broaden’ the business are progressing well. Our internet sales increased to £180.8m (£96.4m last year), we have become a major force in the delivered wholesale market and our branch in India is now open.”


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