Booker Group PLC Q3 Trading Update (9550T)
12 January 2017 - 6:00PM
UK Regulatory
TIDMBOK
RNS Number : 9550T
Booker Group PLC
12 January 2017
For Immediate Release 12 January 2017
Booker Group plc
Quarter Three Trading Update
For the 16 weeks to 30 December 2016
Booker Group, the UK's leading food wholesaler, had a good
quarter. Group non tobacco sales rose by 4.8% with non tobacco
like-for-likes up 5.1%. Group tobacco sales declined by 1.3% with
tobacco like-for-likes down 1.0%. As a result, total sales were up
2.9% and like-for-likes were up 3.2%.
Booker Group
16 weeks to 30 December 2016
----------------------------------
Total Tobacco Non Tobacco
% % %
--------------------- ------- ---------- -------------
Total Sales 2.9 (1.3) 4.8
--------------------- ------- ---------- -------------
Like-for-like Sales 3.2 (1.0) 5.1
--------------------- ------- ---------- -------------
Both the Catering and Retail sides of Booker Group made good
progress. Premier continues to grow and Budgens and Londis are
performing well. Internet sales increased by 10% to GBP333m
(excluding Budgens and Londis) and Booker India continues to make
progress.
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 like-for-like
non tobacco sales up 5.1%. Our plans to Focus, Drive and Broaden
Booker Group are on track. Budgens and Londis are making a solid
contribution to the Group. We continue to help our retail, catering
and small business customers prosper through improving our choice,
prices and service."
Note:
1. Sales are stated net of value added tax
2. The timing of the New Year relative to the comparable
financial period last year flattered non tobacco sales in Q3 by
circa 0.5% and will have a corresponding adverse impact in Q4
ENDS
For further information contact:
Tulchan Communications (PR Adviser to Booker Group plc)
020 7353 4200
Susanna Voyle
Sam Chiene
This information is provided by RNS
The company news service from the London Stock Exchange
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