Belfast Telegraph

Thursday 28 August 2014

Boots enjoys robust sales despite freeze

Health and beauty chain Boots overcame last month's heavy snowfall and freezing temperatures to record robust like-for-like sales growth.

Boots reported a 3.8% rise in UK retail revenue including VAT on a same-store basis in December, driven by healthcare, fragrances and electrical beauty. The group added it had made market share gains in its core health and beauty categories.

Boots - part of the wider Alliance Boots group, which was taken private in 2007 - disclosed the sales numbers to staff in an update from chief executive Andy Hornby.

Mr Hornby said the UK performance was "particularly pleasing", given the disruption caused by the adverse weather.

He said the group was set to deliver a strong financial performance in the current financial year and recorded a 14.3% increase in group revenues in the three months to December 31. UK retail revenue for the quarter rose 2.8% on a like-for-like basis, while revenues in the Pharmaceutical Wholesale division grew by 24.4%, as the company expanded the division internationally.

Alliance Boots is also the majority shareholder in Hedef Alliance in Turkey and bought over Anzag in Germany in 2010.

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Comment

More

Company Profiles

More

Help & Advice

More

People on the move

More