LONDON — Health and beauty retailer and pharmaceuticals wholesaler Alliance Boots on Monday reported net profits for the year ended March 31 of 101 million British pounds, or $173.9 million at average exchange, up from 10 million pounds, or $17.2 million a year ago.
Trading profits, which the firm defines as profit from operations before exceptional items, amortization of customer relationships and brands, and share of post-tax earnings of associates and joint ventures, rose 11.6 percent to 953 million pounds, or $1.64 billion. The privately owned company, which owns the Boots pharmacy chain, said revenues grew 15.5 percent on-year to 20.5 billion pounds, or $35.29 billion.
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