United Drug posts E19.4m in profits

PHARMACEUTICAL wholesaler and distributor, United Drug, boosted its earnings per share by 17% in the first half of its current financial year.

Pre-tax profits rose 21% to 19.4 million while the interim dividend has been increased 16% to 1.32 cent per share.

United Drug’s share price was down 5 cent in early afternoon trading to 2.55 as shareholders took some profit on their investments.