BLACKMORES this morning
announced its financial results for
the year to 30 Jun, with net profit
after tax of just over $100 million.
The company’s revenue was
$717 million, up 52%, with a
final dividend of $2.10 per share
bringing the full year payout to
$4.10 fully franked.
CEO Christine Holgate said
growing consumer demand had
seen Blackmores realise further
operational benefits, doubling
capacity over the year and
extending quality standards further
into the supply chain.
The “heartland” Australian
business delivered $495m in
revenue, reflecting strong growth
from domestic consumers and sales
to Chinese tourists and exporters.
Holgate said Blackmores was well
positioned to deal with industry
trends including the growing Asian
middle class and volatility in the
Australian wholesale market.The above article was sent to subscribers in Pharmacy Daily's issue from 24 Aug 16 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 24 Aug 16
THE role and significance of community pharmacy in regional areas was a key focus of discussion for the Nationals leader David Littleproud during last week’s visit to Orana Mall Pharmacy as part of a regional tour.
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