Makro turnaround ‘on track’
BOOKER Group, the cash and carry food wholesaler, says it is continuing to make headway in its plan to turnaround its Salford-based Makro division.
In a third quarter trading update for 16 weeks to January 2, Booker said its total sales were up 1.4%, while excluding Makro, they were 2.5% ahead. It said its outlook for profits and net cash for the year remain in line with City expectations.
The company said Makro's turnaround plan is on course. Non-tobacco sales were down 6.5% in the 16 weeks as non-profi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...