Expanded pharmacy group posts €5m loss

In 2017, Carlyle Cardinal Ireland (CCI) acquired a majority stake in the Sam McCauley Chemists pharmacy company. Now, the first set of accounts under the new ownership structure show that its holding company - LXV Remedies Holdings Ltd - recorded revenues of €94.49m for the period from the date of acquisition, August 11 2017, to September 30, 2018.

Exceptional costs at the expanded McCauley Pharmacy Group last year contributed to the business recording a pre-tax loss of €5.16m.

In 2017, Carlyle Cardinal Ireland (CCI) acquired a majority stake in the Sam McCauley Chemists pharmacy company. Now, the first set of accounts under the new ownership structure show that its holding company - LXV Remedies Holdings Ltd - recorded revenues of €94.49m for the period from the date of acquisition, August 11 2017, to September 30th 2018.