Booker sales going strong
Wholesale food business Booker says like-for-like sales in its fourth quarter rose while its expansion in India continues.
Wholesale food business Booker says like-for-like sales in its fourth quarter rose while its expansion in India continues.
Total like-for-like sales in the 12 weeks to 23 March rose by 4.8% on the same period of 2011.
Total sales over the year were £3.9bn, up by 7.3%, and total like-for-likes were up by 6.1%.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Internet sales increased by 21% to £635m, while the company opened its second office in Mumbai.
The 2011/2012 year has the impact of a 53rd week. Week 53 increased sales by £76m and will benefit operating profits by circa £1m for the full year.
Booker's net cash position was £63m at the year's end compared to £27m a year ago.
The company says profits for the 53 weeks to March 30th "remain in line with expectations."
Since the beginning of 2012 Booker shares have risen 14%.
BS
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Lloyds axes foreign currency fees for Club Lloyds customers
Club Lloyds customers will be able to withdraw their money abroad without incurring any extra fees
By Daniel Hilton Published
-
How to invest during stagflation
Trump’s tariffs look poised to push the global economy into a period of stagflation. We look at how to ensure your investments can survive a global slowdown.
By Dan McEvoy Published