Booker has posted a 12.1% increase in half-year pre-tax profits to £29.7m as sales continue to rise at the cash & carry giant.
The wholesaler, which last month opened its first depot in India, said sales rose 7.7% to £1.6bn in the 24 weeks to 11 September, with like-for-like sales also up 7.7%.
Non-tobacco sales jumped 9.4% during the period, against 4.1% growth the year before, while tobacco sales reversed last year’s decline to increase by 5.1%. Sales to caterers rose 12.6%, while sales to retailers were up 5.5%.
“Group turnover in the first period of the second half is ahead of the same period last year,” said chief executive Charles Wilson. “Overall, Booker continues to trade in line with management expectations.”
Booker’s passage to India ‘could pave way for 20 depots’ (3/10/09)
Cash and curry (3/10/09; subscirbers only)