Paydens in ‘strong position’ following disposals and £14m loss

Paydens has stressed that the multimillion-pound loss reported in its new financial documents does “not accurately depict [its] current financial strength”.

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“We have taken highly effective action to transform our financial standing”

Paydens Limited yesterday (April 7) told C+D that the pharmacy chain is set for “sustainable long-term growth” despite reporting mounting losses for the year ending March 31 2024.

The annual filings, uploaded last week (April 3), recorded that Payden’s turnover dipped only slightly between...

Kate Bowie

Read more by Kate Bowie

Kate Bowie joined C+D as a digital reporter in August 2023 after graduating from a master’s in journalism at City, University of London. She began covering the primary care beat at the end of 2022, when she carried out several health investigations focused on staffing issues, NHS funding and health inequalities.

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