Booker 2017 final results. Will pay a special.

DividendMax Ltd.

Booker 2017 final results. Will pay a special.

Financial Highlights

• Sales £5.3bn, +6.7%. Non tobacco sales +8.7% and tobacco sales +2.4%

• Like-for-like sales +0.5%. Non tobacco sales +2.8% and tobacco sales -4.6%

• Like-for-like sales to caterers +4.4% and to retailers -0.6%

• Operating profit £176.1m, +14%

• Profit before tax £174.0m, +15%

• Profit after tax £153.8m, +20% 

• Basic earnings per share up 1.42 pence to 8.66 pence, +20%

• Net cash £160.7m (2016: £127.4m)

• Final ordinary dividend of 4.97 pence per share, taking the total ordinary dividend to 5.60 pence per share

• Proposed special dividend of 3.02 pence per share

• Total return to shareholders of 8.62 pence per share (2016: 7.80 pence per share), +11%

Operational Highlights

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

• Customer satisfaction was strong as we continue to improve choice, price and service for our customers

• We made good progress on the catering and retail sides of the business

• Booker Direct, Ritter-Courivaud and Chef Direct had a good year

• Premier, Family Shopper, Budgens and Londis are working well

• India made progress

• Internet sales up 10% to £1,072m

Companies mentioned