McCauley Pharmacy predicts 'sustainable' earnings as it posts €3.1m loss in Covid year 

Figures released by the company, which is 60% owned by Carlyle Cardinal, show it posted a 2020 loss of €3.1m, which included restructuring costs of €2m, as sales fell 8% to just over €83m. File picture: Denis Minihane

McCauley, one of the largest pharmacy chains in the Republic, remained in the red last year but is now  forecasting a "sustainable" level of earnings in the coming years as it puts the worst of the pandemic behind it.       

Figures released by the company, which is 60% owned by Carlyle Cardinal, show it posted a 2020 loss of €3.1m, which included restructuring costs of €2m, as sales fell 8% to just over €83m.