Superdrug profits plunge nearly 80% despite ‘essential’ retailer status

Picture: Anthony Devlin/PA Wire

Superdrug has seen profits plunge nearly 80% during the year despite remaining open as an essential retailer throughout the pandemic.

The company said pre-tax profits for 2020 were just £18.8 million, compared with £89.4 million a year earlier as shoppers shunned the high street.