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UPDATED: Boots reports 60% profit spike as sales surge

 
• By Kate Bowie

The multiple’s latest annual report has revealed that an increase of both pharmacy and retail sales drove profits over the last financial year amid ongoing rumours that its parent company is looking to sell the health and beauty giant.  

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“Favourable NHS drug reimbursement rates mitigated the impact of ongoing lower prescription volume"
Kate Bowie

Read more by Kate Bowie

Kate Bowie joined C+D as a digital reporter in August 2023 after graduating from a master’s in journalism at City, University of London. She began covering the primary care beat at the end of 2022, when she carried out several health investigations focused on staffing issues, NHS funding and health inequalities.

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