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Wholesaler Booker Group says tobacco sales hurt by display ban
October 13, 2016 / 6:36 AM / a year ago

Wholesaler Booker Group says tobacco sales hurt by display ban

Oct 13 (Reuters) - Booker Group Plc, Britain’s biggest cash-and-carry wholesaler, said tobacco sales for the 24 weeks to Sept. 9 were down 5.6 percent, hurt by a ban on small stores displaying tobacco products.

** The wholesaler, which now owns Budgens and Londis, said total sales for the period were up 13 percent to 2.5 billion pounds ($3.11 billion)

** Booker, which offers a range of grocery, tobacco, alcoholic products, said profit before tax for the period grew 9 percent to 81 million pounds.

** Sees challenging consumer and market environment persisting through the coming year.

** Internet sales jumped 10 percent to 506 million pounds

$1 = 0.8042 pounds Reporting by Rahul B in Bengaluru; Editing by Sunil Nair

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