Boots pushes profits past €1bn

High street giant Alliance Boots today pushed profits above £1bn (€1.17bn) for the first time and mapped out future growth plans despite “challenging” conditions.

The pharmacist and wholesaler posted trading profits of £1.07bn (€1.25bn) in the year to March 31 – up 12.7% on a year earlier – helped by launches such as No 7 Protect & Perfect skincare.