The Pharmaceutical Journal
Vol 273 No 7307 p42
10 July 2004

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Businesses start to improve

Pharmacy businesses are getting themselves on a more sound financial footing, according to the latest Plimsoll portfolio analysis of retail chemists.

“After the past few years of uncertainty, the UK retail chemist industry is experiencing a positive upswing,” said David Pattison, a Plimsoll senior analyst.

The report shows that 100 of the 1,000 companies included in the analysis have doubled their profits in the past year. It also shows that 108 companies have seen sales rise by 15 per cent and 172 have halved their debt.