Booker Group has posted a rise in like-for-like sales of 7.6% for the past three months and revealed that its group debt has fallen by almost £25m in the past year.
Non-tobacco sales at the cash & carry operator were up 8.5% in the second quarter while tobacco grew by 6.2% in the 12 weeks to 11 September.
Full-year profits would be “in line with management expectations”, the group said, while net debt had been slashed from £28.9m a year ago to just £4m.
“We look forward to continuing to help independent caterers and retailers prosper in the difficult economic environment,” said chief executive Charles Wilson, claiming that both customer satisfaction and customer numbers had improved.
No comments yet