Uniphar’s organic growth drives profit for 2022

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Net debt also expected to fall for the year

Dublin-listed healthcare services group Uniphar said 2022 saw strong performance for the group, with organic growth lifting profit despite the “uncertain, challenging period”.

In a trading update for the year, the group, which provides integrated services to more than 200 multinational pharmaceutical and medical technology manufacturers, said the business performed in line with the group’s expectations for 2022. Organic gross profit growth was more than 5 per cent, driven by organic growth across each division, along with the supply chain and retail division‘s outperformance.

The latter will likely be boosted in 2023 by the acquisition of McCauley’s Pharmacy Group, which was cleared earlier this month by competition authorities following the original announcement in September. The deal is expected to close imminently.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines