Walgreens Boots Alliance reported profits of $1.2bn (£0.8bn) for the three months to the end of February. Overall sales rose 35pc to $26.6bn. The retail pharmacy international division, which manages Boots in the UK, reported sales of $2bn in the second quarter, with annual like-for-like sales up 2.9pc.
Alliance Boots employs 70,000 staff across 2,511 Boots stores.
Interim chief executive Stefano Pessina, who took over when the merger was completed, said he was “optimistic” about the company's long-term future. “At the same time, we understand the work that is needed to proactively address headwinds such as reimbursement pressure and competition,” he added.