United Drug profits up 13%

Pharmaceutical and healthcare services group United Drug has reported pre-tax profits of €70.5m for the year to the end of September, up 13% on the previous year.

Revenue grew by 6% to €1.68 billion, while earnings per share rose 12% to 25.7 cent. United Drug said the increase in profits was achieved despite a €4m hit caused by a fall in sterling's value against the euro.