Booker sales rise by 14.3%

Booker CEO Charles Wilson with Tesco boss Dave Lewis
Booker CEO Charles Wilson (left) with Tesco boss Dave Lewis

Booker grew sales by 14.3% in the three months to 26 May, 2018.

The wholesale giant seems to have suffered no ill effects from its association with Tesco – which reported a 1.8% growth in group sales in the same time period – which bought Booker for £3.7bn last year.

Tesco reported that a successful trial of selling the top 30 Booker product lines at two stores will now be rolled out to another 50 branches.

Dave Lewis, Tesco chief executive, said: “Our growth plans are on track and we are pleased with the momentum in the business. We remain well placed to serve our customers better and deliver on our medium-term financial ambitions.

“We are delighted with initial progress on Booker, and are focused on delivering the synergy benefits that our merger brings.”

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Martyn Fisher
Martyn Fisher is the Editor of Better Wholesaling. Martyn can be found on Twitter on @BW_Martyn, or can be contacted via martyn.fisher@newtrade.co.uk and 020 3871 6490.

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