German drug distributor Celesio, formerly known as Gehe, has reported that turnover in its Irish wholesale business Cahill May Roberts fell to €150.8m in the first half of this year, a drop of 16.6% on the same period last year.
The company says it has completed rationalisation measures at CMR plants in Dublin and Cork.
Turnover at Celesio's retail operations in the Republic almost trebled to €50.3m. Celesio currently operates 53 pharmacies here, and is planning to rename all pharmacies under the Unicarepharmacy brand by the end of 2003.
