HEALTH and beauty retailer Superdrug saw a jump in profit in 2014, the firm said yesterday.
The chain, which is a part of the AS Watson Group owned by CK Hutchinson, made an operating profit of £38.2m compared with £25.8m in 2013 and a loss of £6.4m in 2012.
Its health range saw sales growth of 12.2 per cent, while its beauty range sales grew 4.6 per cent, with a strong focus on own brand products.
“The high street remains a challenging environment for all retailers, however by understanding our customers and offering the best value and customer service we believe the business is in a strong position to grow,” said Superdrug managing director Peter Macnab.
“We recently announced our intention to open 100 new stores in the next three years and continue to plan for a successful future,” he added.
Superdrug operates over 800 stores in the UK.