News Column

Booker Group expects rising profits

May 23, 2014

BOOKER Group has said it believes it can meet market expectations of a 16 per cent rise in profit in 2015.

Britain's biggest cash-and-carry wholesaler had a 23 per cent rise in the operating profit in fiscal 2014, which was helped by higher sales of non-tobacco products to independent retailers.

Booker, which also owns Makro, said while it expects the UK food market to stay competitive, the firm's trading in the first seven weeks of fiscal 2015 was ahead of last year.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Herald, The (Scotland)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters