BLACKMORES today reported its
financial results for the nine months
to 31 Mar, with total sales up 12%
to $162m and net profit after tax of
$19 million, up 21% on a year ago.
CEO Christine Holgate said the
result “had been bolstered by a
sound sales and product
development strategy that
responded to consumer needs”.
Australian sales were up 13% to
$135.5m but Holgate said there
was some weakening in the retail
sector, with fourth quarter sales last
year “exceptional” due to public
concerns about swine flu and the
government stimulus package.The above article was sent to subscribers in Pharmacy Daily's issue from 22 Apr 10 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 22 Apr 10
MONTU Group, its subsidiary Alternaleaf Pty Ltd, and their common director Christopher Strauch are facing legal action by the Therapeutic Goods Administration (TGA) in the Federal Court of Australia for alleged unlawful advertising on the effectiveness of their medicinal cannabis products.
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