Boots' UK stores push up Walgreens Boots Alliance

Helen Cahill
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Boots' stores across the UK have pushed up Walgreens Boots Alliance this year as the pharmacy increased its prescription volumes.

For the full year, group sales grew 0.7 per cent to $118.2bn (£89.2bn). The group's fourth quarter was particularly strong, with sales rising by 5.3 per cent to $30.1bn.

In the UK, Boots' comparable pharmacy sales were up by 1.2 per cent in the quarter. However, in the group's international pharmacy division, which includes Boots stores in the UK, Thailand, the Netherlands and elsewhere, sales fell by 3.2 per cent on a like-for-like basis.

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Stefano Pessina, chief executive of Walgreens Boots Alliance, said: "We are pleased to report the company has performed well, with our businesses delivering significant progress while managing against ongoing prescription reimbursement pressure and competing in fast-changing retail environments.

"We look forward to building on this solid underlying growth in the year to come, enhanced by the expansion of our US retail pharmacy network through the upcoming purchases of Rite Aid stores."

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