Makro helps propel Booker sales figures

FULL-year revenues at Cash & Carry group Booker were up 17.3% after taking into account last year’s acquisition of Salford-based Makro.

After stripping out the deal, like-for-like revenues  were 2.1% higher.

Competition regulators approved the £140m deal to buy Makro from German group Metro in April 2013.

Booker said cash and profits at Makro were in line with expectations. Total Booker sales in the year to the end of March were up 17.3% to £4.7bn. Profits are in line with expectations.

Fourth quarter sales were up 16.3%, or 1.9% on a like-for-like basis.

Chief executive Charles Wilson said: “This was a good quarter with non tobacco like-for-likes up 3.4%. Our plans for bringing Booker and Makro together are on track. In this last quarter we achieved our best ever customer satisfaction scores in Booker and Makro as we continue to improve the choice, prices and service to catering, retailing and small business customers in the UK.”