Walgreens Boots Alliance profits dragged down by UK sales slump

Boots selfie wall

Walgreens Boots Alliance has reported a drop in its fourth-quarter sales and profits exacerbated by a plunge in demand across the group’s UK arm.

WBA recorded a 26% drop in operating income to $650m (£503.3m) in the quarter to August 31, while sales increased 2.3% to $34.7bn (£26.9bn).

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