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Salford-based Makro owner sees record £155m profits


Booker Group, the owners of Salford-based wholesalers Makro have announced record profits for 2016.

Year end financial results released today outline how Booker had £155.1 million in operating profit in the last year, compared to £140.1 million in 2015.

Makro served 1,252,000 people in the past 12 months, the firm’s parent group said.

The competition commission cleared Booker to spend £124 million taking over the loss-making Makro in July 2012.

The discount retailer opened its first store in Eccles in 1971.

In December 2015 Booker Group also acquired budget retailers Budgens and Londis for £40 million.

Chief executive Charles Wilson said: “Our plan to focus, drive and broaden the business remains on track.

“Booker Group had a good year; customer satisfaction was strong, sales and profits were the best we have ever achieved.

“We made good progress on the integration of Budgens and Londis. We are very grateful for the support of our customers, suppliers and people and look forward to making progress in the year ahead.”

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Tom is SalfordOnline.com's News Editor and community co-ordinator.