Boots enjoys strong Christmas

Q3 sales increase by 14.3 per cent; December UK sales "especially pleasing".
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Boots enjoyed robust trading in its third quarter - with sales increasing by 14.3 per cent - although the health and beauty chain has warned that the financial climate will remain challenging throughout 2011.

Like for like sales from Boots' UK stores rose 2.8 per cent, with boss Andy Hornby saying that sales through December were especially pleasing. These were up 3.8 per cent on a like for like basis.

Healthcare products, fragrances and electronic beauty performed well, meaning the firm grew its market share in the core health and beauty categories.

"Overall, the group performed strongly in spite of the challenging trading conditions we continue to see across Europe," Hornby said. "We are pleased with our progress and are well positioned to deliver a strong financial performance in 2010-11."


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