Booker increases its 2016 interim dividend by 10%

DividendMax Ltd.

Booker increases its 2016 interim dividend by 10%

Financial Highlights

Total sales £2.2bn, -1.0%. Like-for-like non tobacco sales up 0.6% and tobacco sales down 3.7%

Operating profit £75.0m, +10%

Profit before tax £74.1m, +10%

Profit after tax £60.8m, +10%

Basic earnings per share up 9% at 3.45 pence

Net cash of £118.1m (2014: £107.2m)

Interim dividend of 0.57 pence per share, up 10%

As previously indicated, intended return of capital in July 2016

Operational Highlights

Our plan to Focus, Drive and Broaden Booker Group continues to make progress

Customer satisfaction was good

Internet sales up 11% to £461m in the half

Booker Direct, Ritter Courivaud, Classic and Chef Direct continue to make good progress

Acquisition of Budgens and Londis successfully completed

Booker India is on track

Companies mentioned