Booker on course to meet Full Year Targets
October 16, 2014 10:00 amVideo
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Booker (BOK.L), the food wholesaler today announced a £67.4M pre tax profit for the first half an increase of £2.3M from the same period last year.
Profit after tax rose to £55.3M, up 3% and underlying earnings per share was up 16% at 3.17p.
The company declared an interim dividend of 0.52p per share, up 16%.
Despite continuing “challenging” market conditions and a competitive UK marketplace, Booker says it is on course to deliver on full year expectations by continuing to deliver on its commitments to customers on price, choice and service.
Commenting on the results, Charles Wilson, Chief Executive of Booker, said: ”We have had a good half and our plan to Focus, Drive and Broaden the business remains on track. Despite the challenges in the UK grocery market we continue to provide our retail, catering and small business customers with improved choice, prices and service via the internet, delivery and cash and carry.”
Booker share price is trading slightly up at 118p
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