Booker sales boosted by Budgens and Londis takeover

Cash and carry group Booker saw sales boosted by its recently acquired Budgens and Londis chains as they helped offset the impact of falling food prices and a hit to consumer demand before the Brexit vote.

The group, which supplies 1.3m independent retailers, said like-for-like sales excluding tobacco and the Budgens and Londis brands fell 0.7% in the 12 weeks to June 17 after many customers reported weak consumer demand.