RNS Number : 2622O
Booker Group PLC
15 September 2011
15 September 2011
Booker Group plc ('Booker')
Quarter Two Trading Update and
Notification of Interim Results Announcement
Total sales in the 12 weeks to 9 September 2011 rose by 7.6% on the same period last year. Non-tobacco sales were 7.6% higher, while tobacco sales rose by 7.6%. On a like-for-like basis total sales rose by 5.6%, non-tobacco sales by 4.5% and tobacco sales by 7.6%. Fresh departments performed particularly well with fruit and vegetable sales up 34%.
Total sales in the 24 weeks to 9 September 2011 rose by 8.5% on the same period last year. Non-tobacco sales were 8.3% higher, while tobacco sales rose by 8.9%. On a like-for-like basis total sales rose by 6.5%, non-tobacco sales by 5.1% and tobacco sales by 8.8%.
Classic and Ritter Courivaud, the two businesses we acquired in October 2010 are performing well. In India our Mumbai branch is trading well, we will open in Pune, India, next week and expect to have our second branch in Mumbai open in December. As at 9 September 2011 net cash was £58m versus net cash of £10m a year ago. Having had a good first half the outlook for the year as a whole remains unchanged.
Charles Wilson, Booker Chief Executive, said:
"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers. Customers have rewarded us with an increased share of their spend and the number of customers has increased. Our plans to drive and broaden Booker are on track."
Booker Group plc will announce interim results for the 24 weeks to 9 September 2011 on Thursday 13 October 2011. A presentation for analysts will be held at 08:30 on 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.
Note: Sales are stated net of value added tax
For further information contact:
Tulchan Communications (PR adviser to Booker Group plc)
020 7353 4200
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