14th Jun 2007 07:01
Booker Group PLC14 June 2007 Booker Group plc (formerly known as Blueheath Holdings plc) Final results of Blueheath for the 52 weeks ended 3 March 2007 and Final results of Booker Holdings for the 52 weeks ended 30 March 2007 On 9 May 2007, a reverse takeover of Blueheath by Booker Holdings (see Notes toEditors) was announced to form Booker Group plc. This transaction was approvedby shareholders on 1 June 2007 and the enlarged share capital was admitted totrading on AIM on 4 June 2007. This announcement contains the final results of Blueheath for the 52 weeks ended3 March 2007 and the final results of Booker Holdings for the 52 weeks ended 30March 2007. Highlights Final results: Booker Holdings •Like-for-like sales increased 0.6% in second half versus a 5.9% decline in second half of last year (see Notes to Editors) •Full year adjusted operating profit (before exceptionals and goodwill) increased from £21.7m to £40.5m (+87%) •Profit before tax was £6.3m versus a loss of £142.1m last year •Debt reduced from £124.8m last year to £76.5m this year Final results: Blueheath •Sales increased by 5.8% over the full year •Full year adjusted operating loss (before exceptionals and goodwill) improved from £4.9m to £4.6m •Loss before tax of £7.1m versus £5.3m last year •Debt reduced from £4.2m last year to £0.3m cash positive this year These results are in line with those indicated in the AIM Admission Document of9 May 2007. Booker sales levels in the first period of the current financial year are aheadof the same period in the prior year, whilst inventory levels and costs are inline with management expectations. Overall, Booker and Blueheath are currentlytrading in accordance with management expectations. Richard Rose, Chairman, said: "Blueheath's performance has improved during theyear. We are combining with Booker to create a new force within the industry." Charles Wilson, Chief Executive, said: "With operating profits up and debt down,Booker has made good progress in the past year and we are now driving andbroadening the business. We have now started the integration of the twobusinesses, which is going to plan." For further information contact: Tulchan Communications (PR Adviser to Booker Group plc)020 7353 4200Susanna VoyleCelia Gordon Shute Notes to Editors For the purposes of this document, Booker Group plc (formerly known as BlueheathHoldings plc) will be referred to as 'Blueheath'. Giant Topco Limted, which forthe 52 weeks ended 30 March 2007 was the ultimate holding company of BookerLimited, will be referred to as 'Booker Holdings'. Booker Ltd will be referredto as 'Booker'. Booker is the UK's largest cash and carry operator, offering branded and privatelabel goods to more than 400,000 customers, including independent conveniencestores, grocers, pubs and restaurants. Booker Holdings' improved trend in EBITDA, EBIT and net debt compared to thesame period in the prior financial period for the two periods ended 30 March2007, as extracted from the AIM Admission Document of 9 May 2007 and updated forthe actual results at 30 March 2007, is set out below: 16 September 31 March 15 September 30 March 2005 2006 2006 2007 Turnover £m 1,467 1,570 1,430 1,579Turnover % change (5.9%) (5.9%) (2.5%) +0.6%EBITDA £m * 22 18 30 29EBITDA % change (41%) (33%) +37% +61%EBIT £m ** 13 9 22 19EBIT % change (54%) (44%) +69% +111%Net Debt £m 361 125 70 77 * before exceptional items** before goodwill amortisation, goodwill impairment and exceptional items Blueheath, established in 2000, is a wholesaler offering added value softwaresolutions to its customers. The company offers both branded and private labelgoods to more than 1,200 customers. The Company which was admitted to trading onAIM in July 2004, operates from two UK national distribution centres in Thurrockand Wrexham. Going forward Booker Group plc will comprise the full year's results of BookerHoldings and will consolidate the results of Blueheath from 4 June 2007. An interim results announcement is expected in November 2007 with quarterlyupdates thereafter. Part 1 Chairman's Statement Following the reverse acquisition of Blueheath by Booker Holdings on 4 June2007, we are pleased to announce final results for Booker Holdings for the 52weeks ended 30 March 2007 and final results for Blueheath for the 52 weeks ended3 March 2007. Blueheath Turnover for the 52 weeks ended 3 March 2007 increased by 5.8% to £139.9 million(2006 - £132.3 million - 53 weeks) and adjusted operating loss before goodwillamortisation and exceptional items was £4.6 million (2006: £4.9 million). Gross margins increased to 6.0% (2006 - 5.7%). Exceptional costs of £1.9 million(2006 - £0.4 million) were incurred in respect of a restructuring exercise. Theretained loss after exceptional items increased to £7.1 million (2005 - £5.3million) reflecting the higher exceptional costs and interest charge. Whilst the year's performance reflected a continuation of losses announced inprior periods, the latter part of the year saw the beginnings of a real changein fortunes with losses significantly reducing as the benefits of there-structuring began to bear fruit. The Board announced on 9 May 2007 a proposed reverse takeover by BookerHoldings. This was approved by shareholders on 1 June 2007 and the sharesre-admitted on 4 June 2007. The enlarged group will be one of the UK's leadingfood wholesalers and will be unique in providing both national delivery andlocal "top up" services in the UK, serving both single site and multi-sitecustomers. The enlarged group will be able to enhance customer service throughan increased choice of both product and delivery format. Booker Holdings Turnover for Booker Holdings for the 52 weeks ended 30 March 2007 was £3.01billion (2006: £3.04 billion) and adjusted operating profit before goodwillamortisation, goodwill impairment and exceptional items was £40.5 million (2006:£21.7 million). Debt as at 30 March 2007 was £76.5 million, a reduction of 39%compared to the prior year balance of £124.8 million. During the year, management implemented the second phase of the recovery planwhich involved "driving" the business through increased responsiveness tocustomers and the delivery of "Choice Up, Prices Down, Better Service". Like for like sales to caterers continued to show a consistent improvement on ahalf year by half year basis delivering an increase of 3.9 per cent. in thesecond half. Like for like sales to retailers have also shown a consistentimprovement with a fall of 0.1 per cent. in the second half. Total sales in thesecond half rose 0.6%, versus a 5.9% decline in the second half last year. Booker currently trades from 172 branches in the UK. During the year, Bookercommenced a programme of refurbishment and has to date converted eight branchesinto the "Extra" format. These are brighter stores with improved lighting andlayout and a range of products that increases choice whilst avoiding unnecessaryduplication. Overall, the Extra stores have recorded an increase in sales andprofits as compared to the non-converted portfolio. The Board expects that afurther twenty-four branches will be converted to the Extra format in thecurrent year. Outlook Booker sales levels in the first period of the current financial year are aheadof the same period in the prior year, whilst inventory levels and costs are inline with management expectations. Overall, Booker and Blueheath are currentlytrading in accordance with management expectations. The Board believes that the merger of Blueheath and Booker will form the UK'sleading food wholesaler and combine Booker's scale, customer base, cateringexpertise, coverage and brands with Blueheath's technology and deliveryexpertise. The Board believes that this combination will allow the enlarged group toenhance customer service through a larger choice of products and deliverymethods, whilst improving efficiency. Richard RoseChairman Part 2 Booker Holdings (Giant Topco Limited) - audited final results for thefinancial year ended 30 March 2007 Consolidated Profit and Loss Account -For the 52 weeks ended 30 March 2007 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 Note £m £m Turnover 3,009.8 3,037.4 Cost of sales (2,923.3) (2,971.9) ---------- ----------Gross profit 86.5 65.5 Administrative expenses- normal (46.0) (43.8) Operating profit before goodwill amortisation,goodwill impairment and exceptional items 40.5 21.7 - goodwill amortisation and impairment (21.6) (129.4)- exceptional items 2 (1.8) (3.7) ------- -------Total administrative expenses (69.4) (176.9) ---------- ----------Operating profit/(loss) 17.1 (111.4) Loss on disposal of fixed assets - (1.4) --------- ---------Profit/(loss) on ordinary activities before 17.1 (112.8)interest and tax Interest receivable and similar income 1.6 1.3Interest payable and similar charges (13.0) (27.0)Other finance income/(charges) 0.6 (3.6) ---------- ----------Profit/(loss) on ordinary activities before 6.3 (142.1)taxation Tax on profit/(loss) on ordinary activities (15.8) (6.2) ---------- ----------Retained loss for the period (9.5) (148.3) ========== ========== Consolidated Balance Sheet - At 30 March 2007 30 March 31 March 2007 2006 £m £mFixed assetsIntangible assets 388.5 410.1Tangible assets 65.1 75.7Investments - - ---------- ---------- 453.6 485.8Current assetsAssets held for resale - 4.3Stocks 176.2 168.1Debtors due within one year 55.0 58.7Short-term deposits 5.3 2.0Cash at bank and in hand 24.6 30.4 ---------- ---------- 261.1 263.5Creditors due within one year (372.9) (333.0) ---------- ----------Net current (liabilities) / assets (111.8) (69.5) Total assets less current liabilities 341.8 416.3 Creditors due after one year (95.5) (140.5) ---------- ---------- 246.3 275.8Provisions for liabilities and charges (38.4) (39.3) ---------- ----------Net assets excluding net pension deficit 207.9 236.5 Net pension deficit (16.5) (54.0) ---------- ----------Net assets including pension deficit 191.4 182.5 ========== ==========Capital and reservesCalled-up share capital 275.9 275.9Share premium account 16.7 16.7Profit and loss account (101.2) (110.1) ---------- ----------Shareholders' funds 191.4 182.5 ========== ========== Consolidated Cash Flow Statement - For the 52 weeks ended 30 March 2007 52 weeks 52 weeks ended ended 30 March 31 March Note 2007 2006 £m £m Cash inflow from operating activities 3 61.8 32.3Servicing of finance 4 (7.5) (20.0)Taxation (0.1) 4.9Capital expenditure and financial investment 4 (6.0) (9.4)Acquisitions and disposals 4 4.3 (5.6) ---------- ----------Cash inflow before use of liquid resources and 52.5 2.2financingManagement of liquid resources:Net outflow from short-term deposits (3.3) (0.7) Financing 4 (73.9) (38.2) ---------- ----------Decrease in cash for the period (24.7) (36.7) ========== ========== Reconciliation of net cash flow to movement innet debtDecrease in cash for the period (24.7) (36.7)Cash inflow from debt and lease financing 73.9 123.2Cash inflow from liquid resources 3.3 0.7Non-cash movements (4.2) 189.0 ---------- ----------Movement in net debt in the period 48.3 276.2 Net debt at start of period (124.8) (401.0) ---------- ----------Net debt at end of period 5 (76.5) (124.8) ========== ========== Group Statement of Total Recognised Gains and Losses - For the 52 weeks ended 30 March 2007 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 £m £m Loss for the financial period (9.5) (148.3)Actuarial gain recognised in pension scheme 43.5 38.6Deferred tax arising from gain in the pension (13.0) (11.6)schemePayments to deferred pension members (12.1) -Exchange movements - (0.6) -------- --------Total recognised gains/(losses) for the period 8.9 (121.9) ======== ======== Group Reconciliation of Movement in Shareholders' Funds - For the 52 weeks ended30 March 2007 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 £m £m Loss for the financial period (9.5) (148.3)Other recognised gains and losses relating to 18.4 26.4the period (net) -------- --------Total recognised gains/(losses) for the period 8.9 (121.9)New share capital subscribed (net of issue - 281.7costs) -------- --------Net increase in shareholders' funds 8.9 159.8Shareholders' funds at the start of the period 182.5 22.7 -------- --------Shareholders' funds at the end of the period 191.4 182.5 ======== ======== 1. Basis of Preparation The financial information for the 52 weeks ended 30 March 2007 or for the 52weeks ended 31 March 2006 does not constitute full accounts within the meaningof Section 240 of the Companies Act 1985 and comprise the accounts of GiantTopco Limited and its subsidiary undertakings. The financial information for 2006 is derived from the statutory accounts ofGiant Topco Ltd for the 52 weeks ended 31 March 2006 which have been deliveredto the registrar of companies. Additional information has been derived from theAIM Admission Document, published on 9 May 2007. The auditors of Giant Topco Ltd, KPMG Audit plc, have reported on the 2006accounts; their report was unqualified and did not contain a statement undersection 237(2) or (3) of the Companies Act 1985. The auditors of Giant Topco Ltd, KPMG Audit plc, have reported on the 2007accounts; their report was unqualified and did not contain a statement undersection 237(2) or (3) of the Companies Act 1985. These accounts will bedelivered to the registrar of companies as soon as is practicable. 2. Exceptional items 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 £m £m Business restructuring costs 0.6 2.7 Professional fees in respect of pensions 1.2 - Fees in relation to refinancing costs - 1.0 ---------- ---------- 1.8 3.7 ========== ========== Business restructuring costs for the current period relate to redundancy costswhilst the prior period includes the redundancy costs and aborted IT projectcosts incurred following the post acquisition review and rationalisation of theBooker business. During the current period the Group has undertaken two exercises in relation toreducing the risk in relation to it's defined benefit pension scheme andincurred £1.2m of professional fees. In the 52 weeks to 31 March 2006, the Group refinanced its debt and equitystructure and as a result incurred legal and professional fees. 3. Reconciliation of operating profit/(loss) to operating cash flows 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 £m £m Operating profit/(loss) 17.1 (111.4) Depreciation 17.4 18.6 Goodwill amortisation and impairment 21.6 129.4 (Increase)/decrease in stocks (8.1) 47.9 Decrease in debtors 3.7 22.9 Increase/(decrease) in creditors 21.9 (61.1) Decrease in provisions (3.5) (2.5) Difference between payment to pension scheme and FRS17 pension charge (8.3) (11.5) ---------- ---------- Net cash inflow from operating activities 61.8 32.3 ========== ========== 4. Analysis of cash flows 52 weeks ended 52 weeks ended 30 March 2007 31 March 2006 £m £m Servicing of finance Net interest paid (7.4) (20.0) Interest element of finance lease rental (0.1) - payments ---------- ---------- Net cash outflow for servicing of finance (7.5) (20.0) ========== ========== Capital expenditure and financial investment Purchase of tangible fixed assets (6.0) (10.0) Sale of tangible fixed assets - 0.6 ---------- ---------- Net cash outflow for capital expenditure (6.0) (9.4) and financial investment ========== ========== Acquisitions and disposals Purchase of subsidiary undertakings - (14.1) Disposal of assets held for resale 4.3 8.5 ---------- ---------- Net cash inflow/(outflow) from 4.3 (5.6) acquisitions and disposals ========== ========== Financing Issue of share capital - 85.0 Repayment of borrowings (73.5) (122.8) Capital element of finance lease (0.4) (0.4) repayments ---------- ---------- Net cash outflow from financing (73.9) (38.2) ========== ========== 5. Analysis of net debt At start of Cash flow Non cash At end of period items period £m £m £m £m Cash at bank and in 30.4 (5.8) - 24.6 hand Overdrafts - (18.9) - (18.9) ---------- ---------- ---------- ---------- 30.4 (24.7) - 5.7 ---------- ---------- ---------- ---------- Debt due within one (29.6) 29.6 - - year Debt due after one year (125.7) 43.9 (4.2) (86.0) ---------- ---------- ---------- ---------- (155.3) 73.5 (4.2) (86.0) Finance leases (1.9) 0.4 - (1.5) ---------- ---------- ---------- ---------- (157.2) 73.9 (4.2) (87.5) ---------- ---------- ---------- ---------- Liquid resources - short-term deposits 2.0 3.3 - 5.3 ---------- ---------- ---------- ---------- (124.8) 52.5 (4.2) (76.5) ========== ========== ========== ========== Included within "Short term deposits" is £4.2m held in an Escrow account whichcan only be used to pay deferred members leaving the pension scheme. Part 3 Blueheath (Booker Group plc) - audited final results for the 52 weeksended 3 March 2007 CONSOLIDATED PROFIT AND LOSS ACCOUNT - 52 WEEKS ENDED 3 MARCH 2007 52 weeks ended 3 March 2007 53 weeks ended 4 March 2006 Before Operating Before Operating operating exceptional operating exceptional exceptional items exceptional items items (see note items (see note 4) 4) Note Total Total £'000 £'000 £'000 £'000 £'000 £'000 TURNOVER 139,932 - 139,932 132,255 - 132,255Cost of sales (131,570) - (131,570) (124,688) - (124,688) -------------------------------------------------------------------Gross profit 8,362 - 8,362 7,567 - 7,567 -------------------------------------------------------------------Distribution (7,986) (7,986) (7,450) - (7,450)costs -------------------------------------------------------------------AdministrativeexpensesGoodwill (240) - (240) (140) - (140)amortisationShare optioncredit/(charges) 32 - 32 (79) - (79)Other 2 (5,007) (1,871) (6,879) (4,962) (382) (5,344) ------------------------------------------------------------------- (5,215) (1,871) (7,086) (5,181) (382) (5,563) -------------------------------------------------------------------OPERATING LOSS (4,839) (1,871) (6,710) (5,064) (382) (5,446)Interestreceivable andsimilar income 141 - 141 398 - 398Interest payableand similarcharges (557) - (557) (233) - (233) -------------------------------------------------------------------LOSS ON ORDINARYACTIVITIESBEFORE TAXATION (5,255) (1,871) (7,126) (4,899) (382) (5,281) Tax on loss onordinaryactivities - - - - - - -------------------------------------------------------------------LOSS FOR THEFINANCIAL PERIOD (5,255) (1,871) (7,126) (4,899) (382) (5,281) ===================================================================LOSS PERORDINARY SHAREBasic and (10.8) (11.7)diluted (pence) ======= ====== All activities derive from continuing activities. There are no recognised gains or losses for the current financial period andpreceding financial period other than as stated in the profit and loss account. CONSOLIDATED BALANCE SHEET - 3 MARCH 2007 3 March 4 March 2007 2006 £'000 £'000 FIXED ASSETSIntangible assets 4,743 5,094Tangible assets 774 873 ------- ------- 5,517 5,967 ------- -------CURRENT ASSETSStocks 3,857 5,349Debtors 13,226 14,849Current asset investments 3,000 3,005Cash at bank and in hand 1,652 900 ------- ------- 21,735 24,103 ------- -------CREDITORS: amounts falling duewithin one year (13,031) (17,191) ------- -------NET CURRENT ASSETS 8,704 6,912 ------- -------TOTAL ASSETS LESS CURRENT LIABILITIES 14,221 12,879 CREDITORS: amounts falling due after morethan one year (268) (380) ------- -------NET ASSETS 13,953 12,499 ======= =======CAPITAL AND RESERVESCalled up share capital 1,435 457Share premium account 30,787 23,152Share option reserve 126 159Profit and loss account (36,269) (29,143)Merger reserve 17,874 17,874 ------- -------SHAREHOLDERS' FUNDS 13,953 12,499 ======= ======= STATEMENT OF MOVEMENTS IN RESERVES - 52 WEEKS ENDED 3 MARCH 2007 Total Total Called Share Share Profit 52 weeks 53 weeks up share premium option and loss ended 3 ended 4 capital account reserve account Merger March March reserve 2007 2006 £'000 £'000 £'000 £'000 £'000 £'000 £'000 At 5 March 2006 457 23,152 159 (29,143) 17,874 12,499 11,580Loss for thefinancial period - - - (7,126) - (7,126) (5,281)Share option - - (33) - - (33) 79reserveIssue of shares 978 7,848 - - - 8,826 6,339Share issue costs - (213) - - - (213) (218) ------ ------- ------- -------- ------ ------ ------At 3 March 2007 1,435 30,787 126 (36,269) 17,874 13,953 12,499 ====== ======= ======= ======== ====== ====== ====== CONSOLIDATED CASHFLOW STATEMENT - 52 WEEKS ENDED 3 MARCH 2007 Note 52 weeks 53 weeks ended ended 3 March 4 March 2007 2006 £'000 £'000 Net cash outflow from operating 4 (3,507) (9,323)activities -------- -------- Returns on investments and servicing offinanceInterest paid (557) (233)Interest received 141 398 -------- --------Net cash (outflow) / inflow from returnson investments and servicing of finance (416) 165 -------- --------TaxationUK corporation tax paid - (333) -------- --------Net cash outflow from taxation - (333) -------- --------Capital expenditure and financialinvestmentPayments to acquire plant and equipment (245) (125)Receipts from sales of fixed assets 71 - -------- --------Net cash outflow from capitalexpenditure and financial investment (174) (125) -------- --------AcquisitionsPurchase of subsidiary undertakings - (8,635)Net cash acquired with subsidiary - 1,261undertakings -------- -------- - (7,374) -------- --------Net cash outflow before management ofliquid resources and financing (4,097) (16,990) -------- --------Management of liquid resourcesDecrease in short term deposits 5 2,095 -------- --------FinancingIssue of ordinary share capital 8,613 6,121Repayment of finance leases (119) (570)Bank loan (repaid) / drawn down (2,796) 3,368 -------- --------Net cash inflow from financing 5,698 8,919 -------- --------Increase/(decrease) in cash in the 1,606 (5,976)period ======== ======== 1. BASIS OF PREPARATION / STATUTORY ACCOUNTS This Preliminary Statement was approved by the Directors on 13 June 2007. Thefinancial information contained in this announcement of audited final resultsdoes not constitute the group's statutory accounts for the 52 weeks ended 3March 2007 or 53 weeks ended 4 March 2006. The accounting policies that have been applied are consistent with those appliedin the preceding annual accounts. The accounts for the 53 weeks ended 4 March2006 have been delivered to the Registrar of Companies. The statutory accounts for the 53 weeks ended 4 March 2006 have been reported on by the Company'sauditors; the report on these accounts was unqualified and they did not containany statement under section 237(2) or (3) of the Companies Act 1985. The statutory accounts for the 52 weeks ended 3 March 2007 have been reported onby the Company's auditors; the report on these accounts was unqualified andthey did not contain any statement under section 237(2) or (3) of the Companies Act 1985. These accounts will be delivered to the Registrar of Companies as soonas is practicable. 2. OPERATING EXCEPTIONALS Operating exceptional items in the period relate to one off restructuring costsrelating to the closure of the Tamworth warehouse and £250,000 of bad debtprovision to write down the book value of debtors to their recoverable amount.In the comparative period, exceptional items related to one-off integrationcosts associated with the company's acquisitions and ongoing restructuring. 3. BASIC AND DILUTED LOSS PER ORDINARY SHARE The calculation of loss per ordinary share for the current period is based onthe loss for the 52 weeks of £7,126,000 (2006 - loss of £5,281,000) and theweighted average number of ordinary shares of 65,752,397 (2006 - 45,147,626).The company had 143,488,122 ordinary shares in issue as of 3 March 2007. FRS14 requires presentation of diluted earnings per share where a company couldbe called upon to issue shares that would decrease net profit or increase netloss per share. For a loss making company with outstanding share options, thenet loss per share would be decreased by the exercise of options, and hence noadjustment has been made to the diluted loss per share as presented. 4. RECONCILIATION OF OPERATING LOSS TO OPERATING CASH FLOWS 52 weeks 53 weeks ended ended 3 March 4 March 2007 2006 £'000 £'000 Operating loss (6,710) (5,446)Movements on goodwill 351 140Depreciation 296 372Profit on sale of fixed assets (23) -Decrease (increase) in debtors 1,623 154Decrease in creditors (503) (7,055)Share option (credit) / charges (33) 79Decrease in stocks 1,492 2,433 -------- --------Net cash outflow from operating (3,507) (9,323)activities ======== ======== 5. ANALYSIS AND RECONCILIATION OF NET DEBT At 5 At 3 March Cash March 2006 flow 2007 £'000 £'000 £'000 Cash at bank and in hand 900 752 1,652Bank overdraft (854) 854 - ------ ------ ------ 46 1,606 1,652 ------ ------ ------Debt due within one year (6,723) 2,796 (3,927)Finance leases (501) 119 (382) ------ ------ ------ (7,224) 2,915 (4,309) ------ ------ ------Current asset investments 3,005 (5) 3,000 ------ ------ ------Total net debt (4,173) 4,516 343 ====== ====== ====== 2007 2006 £'000 £'000 Increase / (decrease) in cash in the year 1,606 (5,976)Cash outflow / (inflow) from change in debt 2,915 (2,581)financingCash inflow from change in liquid resources (5) (2,095) ------- -------Change in net debt resulting from cash flows 4,516 (10,652) ------- -------Loans and finance leases acquired with subsidiary - (4,426) ------- -------Change in net debt resulting from non cash flows - (4,426) ------- -------Change in net debt 4,516 (15,078)Net (debt) / funds at 5 March 2006 (4,173) 10,905 ------- -------Net debt at 3 March 2007 343 (4,173) ======= ======= This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Booker Group