Booker Group Reports 15% Growth in Fiscal 2017 Pretax Profit
18 May 2017 - 5:23PM
Dow Jones News
LONDON--Food wholesaler Booker Group PLC (BOK.LN) on Thursday
reported 15% growth in fiscal 2017 pretax profit, and said its
merger with U.K. supermarket chain Tesco PLC (TSCO.LN) is
anticipated to complete by end of the calendar year, or early next
year.
For the 52 weeks ended March 24, the company recorded pretax
profit of 174.0 million pounds ($225.15 million), up from GBP150.8
million in the year ago period, on a revenue of GBP5.32 billion and
GBP4.99 billion, respectively.
Revenue for the first seven weeks of the current financial year
is ahead of last year, the company said.
Booker has declared a final ordinary dividend of 4.97 pence per
share, taking the total ordinary dividend to 5.60 pence for fiscal
2017. It also has proposed a special dividend of 3.02 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
May 18, 2017 03:08 ET (07:08 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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