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January 17, 2013

UK: Booker Q3 sales climb

The UK's largest cash and carry wholesaler Booker Group has posted an increase in third-quarter sales, boosted by revenue growth in all its divisions.

The UK’s largest cash and carry wholesaler Booker Group has posted an increase in third-quarter sales, boosted by revenue growth in all its divisions.

In the 16 weeks ended 4 January, total sales rose by 3.1%, while like-for-like sales also grew 3.1%, the company reported today (16 January).

In the group’s cash and carry division, Booker said customer numbers were up and sales were in line with expectations. Its fresh departments continued to perform well, it said, with fruit and vegetable sales up 30% on the same period last year.

Booker said the result excludes the Makro business, which it acquired in July from Germany’s Metro, due to an ongoing review by the Competition Commission.

The retailer said its outlook for profits and net cash for the year remains in line with expectations.

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