Booker goes from strength to strength
Wholesaler Booker has reported a sales rise of 19.3% for the 12 weeks to 13 September 2013.
Meanwhile, total sales for the 24 weeks to the period, including Makro, rose by 16.5% on last year.
Warm summer weather contributed to strong sales, the cash-and-carry giant admitted, while it also said the foodservice side of the business, Chef Direct, was making good progress.
The company has also opened two more branches in India, taking the total number of sites in the country to six.
Chief executive of Booker Charles Wilson said in a statement: “Booker Group has had a good start to the year as we continue to focus, drive and broaden our enlarged business. Our plans for bringing Booker and Makro together are on track. We are continuing to improve the choice, prices and service to catering, retailing and small business customers in the UK.”
Meanwhile, city analysts at Shore Capital, Clive Black and Darren Shirley, said: “More very good progress but it’s in the price. Given the attention to detail of management in the past, it does not come as a surprise to us that Makro is going to plan, or even better.”
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