Booker reports sales up 7.3% to pound;3.9bn

Booker has reported strong growth with annual sales in the 52 weeks to March 23 of pound;3.9bn, up by 7.3% on the previous year, and total like-for-likes were up by 6.1%. Like-for-like non-tobacco sales rose by 5.1%, while like-for-like tobacco sales increased by 7.8%. Like-for-like sales to caterers and retailers rose by 6.1%.

Internet sales increased by 21% to pound;635m, and the group had around pound;63m net cash at the end of the year, compared with pound;27m a year ago.

In its fourth quarter, covering the 12 weeks to March 23, sales rose by 4.8% compared with same period last year, with total like-for-likes up by 4.8%. Non-tobacco like-for-likes rose by 4.1%, while like-for-like tobacco sales increased by 5.9%.

Charles Wilson, Booker chief executive, said: “Booker continues to make good progress. Customer satisfaction for choice, price and service has improved and we are serving 22,000 more customers than last year. This has helped the group increase sales by over pound;260m in the past 52 weeks. Our plans to focus, drive and broaden the business remain on track.”

Mark Aylwin, managing director of Booker Direct, revealed: “Chef Direct has won its first national account with Inventive Leisure and we are delighted they are now a customer. Chef Direct is the ideal model for foodservice as we provide scale and financial security.”

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