22 May 2018
Boots UK reported a revenue decline of 0.6% to £6.8bn in the year ending 31st August 2017. Over the same period, operating profit also declined 2.5% to £503m, in the latest accounts submitted to Companies House.
Performance under pressure
Boots emphasised the competitive nature of the health and beauty category, including pricing and promotional activity, and shopper demand for low value an...