Wholesaler Booker sees quarterly sales rise 7.6% - Business - Evening Standard
       

Wholesaler Booker sees quarterly sales rise 7.6%

Cash and carry wholesaler Booker - which claims to be the country's biggest supplier of food to shops, restaurants, bars and pubs - saw strong trading in the last three months with like-for-like sales up by 7.6%.

Chief executive Charles Wilson said: "Booker is helping more customers compete by improving our choice, prices and service.

"Our customer numbers have increased and customer satisfaction has improved, resulting in stronger sales.

"We look forward to continue to help independent caterers and retailers prosper in the difficult economic environment."

Booker said that non-tobacco sales had risen by 8.5% in the 12 weeks to 11 September, while tobacco sales rose by 6.2%.

That took overall sales for the first half of its financial year up to a like-for-like growth rate of 7.7%, compared with growth of just 1.1% a year ago.

The group, which was formed through the reverse takeover of Booker by its larger rival Blueheath two years ago, said that its net debt had fallen from £24.9 million at its March year-end to just £4 million by the end of the half year.

Comments

Don't Miss
Rock star: Erin Wasson

Rock star

Erin Wasson is the ultimate anti-supermodel
Maybe it’s because she’s a Londoner … Happy anniversary, Ma’am

Happy anniversary

The monarchy has become stronger and more respected in the past 60 years
Victoria Coren: My obsession with children, five proposals a week and why David and I are no power couple

Victoria Coren

David Mitchell and I are no power couple
The Royal Academy of Arts Summer Exhibition preview party

Summer party

Stars at the The Royal Academy of Arts
London gets ready for the Diamond Jubilee - in pictures

Diamond Jubilee

London gets ready - in pictures
The Glamour Awards - stars turn on the style

Glamour Awards

Stars turn on the style
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party

Garden party

Duchess of Cambridge is pretty in pink
FIRST review of Ridley Scott's latest sci-fi blockbuster Prometheus

First review

Is Ridley Scott's Prometheus any good?
Fair-weather goths

Fair-weather goths

The sultry shades of summer darks are coming out of the shadows
Dog save the Queen: Corgis surge in popularity

Dog save the Queen

Corgis surge in popularity