United Drug raised its interim dividend as half-year profits jumped 15 per cent to €22.34 million.
The drug-distribution company said all four divisions encompassing wholesale, distribution, outsourcing and contact sales have performed well in past six months. Group turnover in the period grew by 3 per cent to €634 million.
In light of the buoyant performance United has raised its interim dividend to 1.50 cent per share, an increase of 14 per cent on last year's payment.
United Drug chairman Martin Rafferty said he was confident of another successful year, given the way the company is performing.