Pharmaceutical group profits rise 50%

Uniphar plc, the pharmaceutical wholesale and agency distribution group, has announced preliminary results to the end of 1997…

Uniphar plc, the pharmaceutical wholesale and agency distribution group, has announced preliminary results to the end of 1997. The community-owned pharmacy group has shown an 18 per cent increase in turnover to £96 million. Pre-tax profits rise almost 50 per cent to £2.075 million.

According to a statement, during the year Uniphar consolidated its Dublin operations in a 90,000 sq ft headquarters at Belgard Road. The company also has a depot in Limerick.

"The integration in Dublin is now complete and the company has the capacity to significantly grow the business at its new facility," it said.