Booker is on course to post full-year pre-tax profits of just under £100m.

The cash & carry giant revealed in a trading update this week that its total sales had increased 3.5% to break through the £4bn barrier for the first time in the year to 29 March.

Booker gave no figures for profits, but said they remained “in line with expectations”. Analysts at Investec said they expected profits to be around the £96m mark for the year.

Non-tobacco sales rose 4.5% during the year, with tobacco sales up 1.3%. Sales to caterers rose 6.2% and to retailers 2%. Internet sales increased 11% to £704m.

In the fourth quarter, sales rose 2.3%, with non-tobacco sales up 4.3% but tobacco sales down 0.8%.

The figures do not include Makro, which Booker acquired in May last year. It has kept the two businesses separate while the deal is being investigated by the competition authorities. The Competition Commission provisionally cleared the acquisition last month.

Booker said Makro had traded “in line with expectations” in the fourth quarter.