UK food wholesaler Booker today (12 January) announced sales rose 7% in its third quarter.
For the 16 weeks to 30 December, On like-for-like basis total sales increased 6.5%, the same as in the company’s second quarter. Customer numbers and the average spend per customer also improved, Booker said. Fruit and vegetable sales were up 17%.
Booker also announced the launch of Chef Direct, a foodservice arm, and the upcoming opening of its second and third branches in Mumbai, India.
Chief executive Charles Wilson said the outlook for profits and net cash for the year remains in line with expectations.
“Amid the challenging economic environment Booker continues to improve choice, prices and service for our customers. Our plans to focus, drive and broaden the group are on track and we are pleased to be developing Chef Direct to serve major foodservice customers,” he added.
Booker’s stocks increased 1.47% to 76p in early trading but at 12.27pm BST traded at 74.9p, the price shares closed at the day before.
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By GlobalData