Booker Group's sales rise in final quarter and full-year
3rd Apr 2014 07:12
- Total sales rise 16.3 per cent in Q4 - Annual total sales increase 2.1 per cent - Full-year profit in line with expectations UK food wholesaler Booker Group's total sales rose in the last quarter and full-year as customer numbers and satisfaction improved, according to a trading update on Thursda
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreThursday broker round-up UPDATE
30th Jan 2014 09:06
Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan
Read moreThursday broker round-up UPDATE
16th Jan 2014 08:59
Aberdeen Asset Management: Canaccord Genuity cuts target price from 586p to 540p, while its buy recommendation remains unchanged. Anglo American: UBS ups target price from 1500p to 1580p upgrading from neutral to buy. Antofagasta: Investec reduces target price from 716p to 685p maintaining a sell
Read moreSales jump 19 per cent at Booker Group
16th Jan 2014 08:09
Sales at food wholesaler Booker Group rose 19.1 per cent in the 16 weeks to January 3rd, driven by non-tobacco sales. Like-for-like (LFL) sales in the period rose 2%, with non-tobacco LFLs up 4.1%. Chief Executive Charles Wilson said: "Our plans for bringing Booker and Makro together are on track
Read moreThursday broker round-up UPDATE
14th Nov 2013 09:21
Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock
Read moreWednesday broker round-up
6th Nov 2013 08:48
Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm
Read moreBooker Group delivers 16.5 per cent leap in sales
17th Oct 2013 12:28
Booker Group, the FTSE 250 wholesaler, said Thursday that for the 24 weeks ended September 13th total sales rose 16.5 per cent, helping to push profit up 17 per cent. Before exceptionals, pre-tax profit totalled £58.1m on revenue of £2.2bn, helped by improved customer satisfaction and the integrat
Read moreSector movers: Food retailers hit by falling profits at Tesco
2nd Oct 2013 14:33
The food retail sector was suffering on Wednesday afternoon after some heavy falls from supermarket giant Tesco, as the company reported a fall in profits for the first half. Smaller rival Sainsbury was also trading in the red, as investors seemed underwhelmed with an acceleration in sales growth i
Read moreLondon midday: FTSE delivers strong gains in wake of Fed decision
19th Sep 2013 11:39
The FTSE spent the morning up 90-100 or so points higher, after the Federal Reserve surprised with its decision to maintain its bond-buying strategy on the back of softer growth. Meanwhile, data showed that UK retail sales growth suffered a slowdown in August following a particularly strong July.
Read moreBroker tips: Asos, Sinclair, Booker
19th Sep 2013 11:31
Online fashion retailer Asos impressed investors on Thursday as it beat fourth quarter forecasts to wrap up the year in style. The AIM-listed company lifted retail sales 47% to £208m in the fourth quarter to produce a 40% increase to £754m for the full year, supported by rapid growth in Europe and
Read moreBroker snap: Booker Group a 'buy', says Investec
19th Sep 2013 09:23
Booker Group's shares rose as Investec reiterated a 'buy' rating for the UK food wholesale operator as it reported its interim results. Total sales in the 24 weeks to September 13th, including cash-and-carry wholesaler Makro, rose by 16.5% on the same period last year, as the warm summer weather b
Read moreThursday broker round-up UPDATE
19th Sep 2013 08:20
ASOS: Canaccord Genuity increases target price from 3400p to 6200p and upgrades to buy. Associated British Foods: Jefferies raises target price from 1650p to 1750p and retains a hold recommendation. Barclays: Alphavalue upgrades from add to buy with a target price of 344.20p. BHP Billiton: Nomura
Read moreLondon open: FTSE soars on outcome of Fed meeting
19th Sep 2013 08:12
The FTSE opened up 90 points this morning after the Federal Reserve surprised with its decision to maintain its bond-buying strategy on the back of softer growth. Following its two-day policy meeting, the Fed announced it had decided to stick with its approach of buying $85bn of debt a month, but
Read moreBooker quarterly sales up nearly 20 per cent
19th Sep 2013 07:09
Food wholesaler Booker reported a strong set of interim results, as the warm Summer weather boosted customer numbers, adding that the outlook for the year as a whole remains unchanged. Total sales in the 12 weeks to September 13th, including Makro, rose by 19.3% on the same period last year. Booker
Read more