Booker Group PLC Q2 Trading Update (8550J)
15 September 2016 - 4:00PM
UK Regulatory
TIDMBOK
RNS Number : 8550J
Booker Group PLC
15 September 2016
For Immediate Release
15 September 2016
Booker Group plc
Quarter Two Trading Update
For the 12 weeks to 9 September 2016
Booker Group, the UK's leading food wholesaler, had a good
quarter. Group sales, including Budgens and Londis, rose by 15.2%
on the same period last year with non tobacco sales up 15.5%. Both
the Catering and Retail sides of Booker Group performed well.
Like-for-like non tobacco sales grew by 0.9%. Tobacco sales
continued to be adversely impacted by the ban on small stores
displaying tobacco products, down 3.5% like-for-like. Booker India
performed as we expected. Premier continues to grow and we made
good progress with the integration of Budgens and Londis.
Total Tobacco Non Tobacco
% % %
-------------- --------------------- ------ -------- ------------
Total Sales
(including Budgens
Booker Group & Londis) 15.2 14.5 15.5
-------------- --------------------- ------ -------- ------------
Like-for-like Sales
(excluding Budgens
Booker Group & Londis) (0.4) (3.5) 0.9
-------------- --------------------- ------ -------- ------------
Our balance sheet remains strong with a net cash position as at
9 September 2016 of approximately GBP105m.
Booker Group remains on course to meet expectations for the year
ending 24 March 2017.
Charles Wilson, Chief Executive, said:
"Booker Group continues to make good progress with sales in the
quarter up 15.2%. Our plans to Focus, Drive and Broaden Booker
Group are on track. Budgens and Londis joined the Group last
September and are making a solid contribution. We continue to help
our retail, catering and small business customers prosper through
improving our choice, prices and service."
Booker Group will announce its interim results for the 24 weeks
to 9 September 2016 on Thursday 13 October 2016. A presentation for
analysts will be held at 08:30 on 13 October. For details call
Charlotte Evans at Tulchan Communications on 020 7353 4200.
Notes: Sales are stated net of value added tax
ENDS
For further information contact:
Tulchan Communications (PR Adviser to Booker Group plc)
020 7353 4200 Susanna Voyle / Samantha Chiene
This information is provided by RNS
The company news service from the London Stock Exchange
END
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