£24m of acquisitions give Cohens Pharmacy a shot in the arm
Bolton-based chemists chain Gorgemead, trading as Cohens Pharmacy, made more than £24m worth of acquisitions to boost its annual turnover to £168m from £76m.5m.
Pre-tax profits fell from £4.3m to £3.3m in the year to August, 2016, but the company carried on its policy of buying up chemist outlets despite increasing restrictions imposed by the government.
In his strategic report director Yakub Patel said: “The company operates in a highly regulated market and significant changes to those regulations may have a significant ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
