10th Jul 2013 07:00
For Immediate Release
10 July 2013
Booker Group plc ('Booker Group')
Annual General Meeting and Quarter One Interim Management Statement
For the 12 weeks to 21 June 2013
Booker Group, the UK's leading food wholesaler, is holding its Annual General Meeting at 11am today. At the meeting, Chief Executive Charles Wilson will read out the following Interim Management Statement:
"Overall it has been a good quarter. Total sales, including Makro, were up 13.6%. Booker's non tobacco like-for-likes were +3.1% despite last year having a Diamond Jubilee and better Easter weather. Makro's non tobacco like-for-likes are performing in line with our expectations at -3.6%. Tobacco sales, as expected, have been depressed by the growth of illicit tobacco. Makro has a small tobacco business and the tobacco sales decline has been compounded by the impact of the display ban. After a good start, we anticipate that Booker Group is on course to meet expectations for the year ending 28 March 2014."
Total % | Tobacco % | Non Tobacco % | ||
Booker Group | Total (inc Makro)¹ | 13.6 | 1.4 | 20.9 |
Booker | Like-for-like | 1.0 | (2.5) | 3.1 |
Makro | Like-for-like² | (6.0) | (20.8) | (3.6) |
Charles Wilson, Chief Executive, said:
"Booker Group continues to make good progress with sales up 13.6% in quarter one, including Makro. Our plans for bringing Booker and Makro together are on track. Booker and Makro are continuing to improve choice, prices and service for all our catering, retailing and small business customers in the UK."
Notes:
1. Makro was consolidated from 19 April 2013
2. Makro's like-for-like sales percentage decrease reflects its sales from 19 April 2013 to 21 June 2013 compared to the equivalent period in the prior year
3. Sales are stated net of value added tax
ENDS
For further information contact:
Tulchan Communications (PR Adviser to Booker Group plc)
020 7353 4200
Susanna Voyle
Rebecca Scott
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