Booker Group plc (BOK.L) reported that its 12-week total sales were up 1.7% on last year. First-quarter non tobacco sales improved 3.9% with like-for-like non-tobacco sales up 3.8% in quarter one, while tobacco sales dropped 1.7%. The company said tobacco has been adversely impacted by the phasing of duty mark up versus the prior-year period.
After a good start, the company anticipates that Booker Group is on course to meet expectations for the year ending March 29, 2013. The acquisition of Makro UK completed on July 4, 2012, post the end of the first quarter.
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