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Property sale lifts United Drug profits

United Drug has benefited from one-off property gains which helped lift interim pretax profits 30% to £4.72m (I£5.72m).

The climb was less marked at 17% with the I£570,000 profit on a property sale stripped out. The location of the property is not reported.

The pharmaceuticals group in based in Southern Ireland but it also has interests in Northern Ireland and operates a joint venture called UniDrug with Alliance UniChem of Surrey.

Financial Times 03/06/99 page 20

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