Superdrug dispenses healthy dividend payout to parent company
AS Watson, which owns Superdrug and Savers, has announced pre-tax profits of £125.3m, for the 52 weeks to 30 December 2023.
Superdrug's parent company AS Watson said this figure included dividend income of £119.5m, which included £45m from Superdrug and £35m from Savers.
The pre-tax profits figure was a fall compared to 2022, when pre-tax profits stood at £232m.
Read more: Weight loss: Superdrug expands online Mounjaro service to high street
The companies house filing also provided details of a £110m loan by the business to Superdrug, of which £80m has been repaid.
AS Watson, which changed its name from A.S. Watson in February 2024, is a global health and beauty retailer, operating over 16,500 stores in 28 markets.
It is owned by parent company CK Hutchison Holdings.
In June last year, Superdrug announced the appointment of Ghada Beal as its new healthcare director.
Beal was retail and pharmacy services director at Lloydspharmacy and previously spent 26 years at Boots parent company Walgreens Boots Alliance (WBA), including four years as vice president, director of stores.
