United Drug expecting double-digit growth

Pharmaceutical wholesaler United Drug said it expects double-digit growth in profits for the first half of 2006.

In a trading statement today in advance of its interim results for the six months to March 31, United Drug said: "In line with our expectations United Drug achieved good revenue growth in each of its four divisions in the first half of 2006. Operating profit and earnings for the period should be ahead of the same period last year and are expected to show double digit growth."