Bullish Booker reports a good Q3, with sales up 3.8%

Booker Group today (January 11) today reported a “good quarter” for the period ended  December 29.

The wholesale group reported a 6.2% rise in non-tobacco like-for-like sales in the third quarter, while tobacco like-for-like sales declined by 2.1%. As a result, total like-for-likes were up 3.8%.

The group said that its Premier symbol fascia ‘continues to grow’ while its two other symbol brands, Budgens and Londis, were ‘performing well’.

Meanwhile, the wholesaler started to supply Shell and MRH forecourt businesses in December 2017, following the collapse of Palmer & Harvey the previous month.

Charles Wilson, chief executive, said: “We continue to focus, drive and broaden our business to improve choice, prices and service for our customers.

“The proposed merger with Tesco is progressing as planned. We are very grateful for the support we have received from customers, suppliers, shareholders and colleagues during this process.”

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