Subscribe


PD breaking news – GSK posts $42m profit

GSK has reported $42m in total profit before tax for 2013.

GlaxoSmithKline (GSK) has reported total profit before tax of $42m for 2013 on sales of $1,414m.

Reporting to the Australian Securities and Investment Commission, the company said its Australian group sales had decreased on the year prior but that profit before tax was up “marginally”.

Exports were down 1% to $515m for the period, GSK said.

Business performance had been solid despite continuing challenges facing the pharmaceutical industry, GSK pharmaceuticals Australia general manager Geoff McDonald said.

“A decline in sales for the commercial pharmaceutical business has occurred as the full year impact of the divestment of our classic brands to Aspen Global Incorporated (Aspen) in late 2012 was realised.”

The Consumer Healthcare division saw a drop in commercial sales, of 4%, and manufacturing sales, of 20%, GSK said.

Pharmaceutical manufacturing sales were up about 17%, GSK said, and its Opiates business “continued to perform strongly, seeing growth year on year for the last three years.”

For more, see tomorrow’s Pharmacy Daily.


The above Breaking News Alert was sent to Pharmacy Daily subscribers on 03 Jun 14

Make a comment...



Established in 2007, Pharmacy Daily is Australia's leading pharmacy industry publication, and is sent as a free subscription to people across the industry as a PDF newsletter every weekday.

Register for Pharmacy Daily trial subscription

To sign up for a free subscription, click on the button at right.

Click here to see a sample issue of Pharmacy Daily.

Click here for more information on subscriptions.

Alternatively, you can search our site via the search box on the right hand side of the page, or find other content below.

Recent Pharmacy Daily articles

17 Aug

Travel Specials 17 Aug 17 - WELCOME to Pharmacy Daily's travel feature. Each ...


17 Aug

Dispensary Corner 17 Aug 17 - HAVING silky smooth tresses is probably the ...


17 Aug

Tobacco reengineered - A RELATIVE of the tobacco plant has ...


17 Aug

New hearing standards framework - THE Federal Government has announced it is ...


17 Aug

Which pregnancy supplements? - THE Queensland Department of Health has issued ...


17 Aug

Insurance submission - THE Pharmacy Guild has made a submission ...


17 Aug

Allergy relief - VICTORIAN researchers from the Murdoch Childrens Research ...


17 Aug

$99m from Oct cuts - PRICE reductions due to the 01 Oct ...


17 Aug

Pharmacist’s stiff penalty - THE Supreme Court of New South Wales ...


17 Aug

Guild showcases pharmacy - THE Pharmacy Guild has launched what it's ...


16 Aug

Go natural from top to toosh – GAIA - GAIA Natural Baby now offer the full ...


16 Aug

Miracle Gel Rustic Charm Collection - SALLY Hansen's Miracle Gel Rustic Charm Collection ...


16 Aug

Super Flavoured Spirulina - NATURE'S Way Super Flavoured Spirulina is a ...


16 Aug

Facial Moisturiser for Fathers’ Day - SUKIN Facial Moisturiser is an easily absorbed, ...


16 Aug

Dispensary Corner 16 Aug 17 - COP an eyeful of this - an ...


16 Aug

Monash pharmacy milestone - MONASH Pharmacy and Pharmaceutical Sciences is celebrating ...


16 Aug

Aged care data site - THE Health Department has launched a new ...


16 Aug

Immunisation success - A new study reported in the Clinical ...


16 Aug

Atozet/Zeteze AusPAR - MERCK Sharp & Dohme's Atozet/Zeteze (ezetimibe and ...


16 Aug

South Pacific pharmacists strike - AUSTRALIA'S Department of Foreign Affairs and Trade ...



Show Pharmacy Daily items by month: