UK wholesale and c-store retailer Booker today (23 May) reported higher annual sales and profits.
Booker posted a 12% increase in profit after tax to GBP83.1m (US$125.3m) for the 52 weeks to 29 March.
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Total sales were up 3.5% at GBP4bn on the back of a 3.3% gain in like-for-like sales.
The results were compared against 52 weeks of Booker’s previous financial year, which comprised 53 weeks.
Last year, Booker agreed a deal to buy Metro Group’s UK Makro cash-and-carry business. The transaction was referred to UK comeptition authorities and was cleared last month, which meant the figures do not include any contribution from the newly-acquired business.
Booker’s results included an 11% increase in sales from its UK c-store banner Premier. The company has over 2,800 Premier outlets. The business also has 185 Happy Shopper symbol stores in India.
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By GlobalDataClick here for the full stock exchange announcement from Booker.
