Celesio sees profits rise by 17.1%

THE Irish operations of German pharmacy and drug wholesaler Celesio proved one of the highlights in the group’s performance last year.

According to results for the year to the end of December, Celesio Ireland — which comprises the retail pharmacy chain, Unicare, the drug wholesale and distribution business, Cahill May Roberts and the pre-wholesale business, Movianto — generated a 17.1% rise in revenues to €299.2 million.

Cahill May Roberts (CMR) was Celesio’s best European performer in the drug wholesale and distribution area, growing by 17% over the last year, well ahead of the market average of 12%.