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PD breaking news – Blackmores posts $18.6m profit

Record result is up 54% year on year. 

Blackmores Limited has posted net profit after tax of $18.6m for the half year to 31 Dec 14, up 54% year on year.

This follows $12.1m in net profit after tax for the half year to 31 Dec 13, which itself was down 10.7% year on year (PD 28 Feb 14).

The company said $18.6m was a record result, on half year sales of $206.4m, itself up 22% year on year.

Ceo Christine Holgate said all regions and brands in the group delivered “strong” year on year growth, positioning the company well for the second half of the financial year.

Holgate said Blackmores was delivering against its four strategic priorities which included growing the Australian business and investing in growth in Asia.

Blackmores Australia sales were up 29%, boosted by stronger pharmacy sales and a growing demand from Chinese customers, she said.

The company said it was confident of a “strong full year return”.

See tomorrow’s Pharmacy Daily for more.


The above Breaking News Alert was sent to Pharmacy Daily subscribers on 27 Feb 15

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