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Stefano Pessina

Type: Person

Name: Stefano Pessina

First reported May 19 2013 - Updated May 19 2013 - 1 reports

Betfair Group Ltd

Business week in review

In profit … Stefano Pessina , the executive chairman of Alliance Boots, hit back over criticism of its UK tax payments, as the retail and wholesale pharmaceutical giant posted an uplift in annual profits.The Italian said it was "much more than a cash ... [Published The Independent - May 19 2013]

Entities: Betfair Group Ltd, Gerald Corbett, Tony Wray, Stefano Pessina

First reported May 16 2013 - Updated May 17 2013 - 2 reports

Alliance Boots GmbH

U.K. dealmaker Stefano Pessina confident in profitable 2013-2014 for Alliance Boots

Alliance Boots posted a double-digit adjusted profit gain of 12.7% to $1.2 billion for its year ended March 31. Almost half of that profit is staked by Walgreens with its 45% share of the European pharmaceutical distributing powerhouse.A couple days later, ... [Published Drug Store News - May 17 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Walgreen Co

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Sir Mervyn King

ALEX BRUMMER: Baton pass for the Old Lady as King's reign draws to close

By Anyone expecting fireworks from Sir Mervyn King's 82nd Inflation Report press conference will be disappointed.Instead there was much esoteric detail of changes in the fan charts and the puzzle of Britain's low productivity. Those old friends endogenous ... [Published Mail Online UK - May 16 2013]

Entities: ALEX BRUMMER, Sir Mervyn King, Alliance Boots GmbH

First reported May 15 2013 - Updated May 16 2013 - 2 reports

Boots' profits rise despite revenue fall after tie-up with Walgreens

Alliance Boots, the pharmacy and drugs giant behind Britain's best-known chemist, said yesterday it plans to keep expanding into new markets and in areas where it already has a strong presence. It posted a 6 per cent rise in trading profit and said it ... [Published The Independent - May 16 2013]

Entities: Alliance Boots GmbH, Walgreen Co, Synergism, Stefano Pessina

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Boots in good health as chemist reports a rise in profits to £837million despite underlying sales falling 2.5%

A host of branded medicines losing their patents caused sales to fall at the firm behind Boots the Chemist, which stocked cheaper generic pills and creams instead.But profits at Alliance Boots, Europe?s largest pharmacy chain, still managed to grow because ... [Published This Is Money - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Taxes, United Kingdom, Wholesale

First reported May 15 2013 - Updated May 15 2013 - 1 reports

AmerisourceBergen Corp

Alliance Boots revenue falls 2.6%

eauty retailer Alliance Boots has seen its revenue for the year to 31 March 2013 fall 2.6% to £22.4bn. Despite this, the company’s trading profit grew 6.1% to £1.27bn, with its Health & Beauty business growing 6.8% to £865m.Commenting on the figures, ... [Published Cosmetics Business - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, AmerisourceBergen Corp, Walgreen Co

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Walgreen Co

Boots weathers sales squeeze

Alliance Boots said UK retail like-for-like sales were down by 0.7 per cent in the year to March 31, with its local pharmacies under the most pressure at a time when Boots is expanding its online offer and selling more through airports.The company's biggest ... [Published Manchester Evening News - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Walgreen Co, Duane Reade Inc

First reported May 15 2013 - Updated May 15 2013 - 2 reports

Boots’ full-year EBITDA up 4.5%

Alliance Boots has reported a rise of 4.5 per cent to 1.5 million in full year EBITDA, describing it as a 'transformational' year for the retailer.The international pharmacy-led health and beauty group said trading profit rose by 6.1 per cent to 1.27 ... [Published My Retail Media - May 15 2013]

Entities: Alliance Boots GmbH, EBITDA, Walgreen Co, Stefano Pessina, AmerisourceBergen Corp

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Boots: Upbeat despite fall in revenues

Stefano Pessina, executive chairman of Alliance Boots today delivered an upbeat message about the future of the company despite a fall in revenues.Mr Pessina, who last year sold 45 per cent of the company to US drugstore group Walgreens, said the last ... [Published Nottingham Post - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Walgreen Co, Wholesale, Boots UK Limited

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Boots profit rises despite sales dip

The parent company of UK-based health & beauty retailer Boots has today reported a 6.1 per cent rise in trading profit in its full year despite a decrease in sales, in what it described as “a transformational year”.For the year ended March 31st 2013, ... [Published Retail Gazette - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Walgreen Co, United Kingdom

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Alliance Boots year profit up 6 pct

Alliance Boots, owner ofEurope's biggest pharmacy chain, posted a 6.1 percent rise inyear trading profit and said it was confident about its growthprospects. The firm said on Wednesday it made a trading profit of 1.27 billion pounds ($1.94 billion) in ... [Published Reuters - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Walgreen Co, Fallout, Synergism

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Annual results for the year ended 31 March 2013

"Transformational year with 12.7% increase in underlying profit after tax" Highlights:FinancialStrategicStefano Pessina, Executive Chairman, commented: "This has been a transformational year for Alliance Boots due to our exciting new strategic partnership ... [Published Noodls - May 15 2013]

Entities: Alliance Boots GmbH, Stefano Pessina, Katie Johnson

Quotes

"in five years time i believe that the shape of our industry will be very different, with our merged company being the undisputed market leader in the world through its leadership in both north america and europe with a major and expanding presence in asia and latin america" said Mr Pessina

Transformed Boots will be world leader [Published Nottingham Post - May 16 2013]

...7 per cent higher at £805m, despite a fall in revenues of 2.6 per cent to £22.4bn. Mr Pessina said: "against the backdrop of major corporate activity, and the challenging conditions across our markets, we have again delivered a double digit growth in underlying profit after tax." He took the Nottingham-based business private in 2007 following an £11.1bn deal in conjunction with private equity firm KKR

Boots weathers sales squeeze [Published Manchester Evening News - May 15 2013]

...Commenting on the annual results, the groups executive chairman, Stefano Pessina said: "this has been a transformational year for alliance boots due to our exciting new strategic partnership with walgreens, which we are further strengthening by our recent joint agreement to partner with amerisourcebergen."

Boots’ full-year EBITDA up 4.5% [Published My Retail Media - May 15 2013]

...by our recent joint agreement to partner with AmerisourceBergen," Stefano Pessina, executive chairman of Alliance Boots, said in a statement. "against the backdrop of this major corporate activity, and the challenging conditions across our markets, we have again delivered a double-digit growth in underlying profit after tax. our people are at the heart of everything we do, and it is through clear leadership combined with great teamwork that we have been able to deliver such consistently good results."

Alliance Boots: 'Good progress' in Walgreens partnership [Published Chain Drug Review - May 15 2013]

More Content

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Drug firms 'need to consolidate' [Published CHINAdaily - 7 hours ago]
Business week in review [Published The Independent - May 19 2013]
U.K. dealmaker Stefano Pessina confident in pro... [Published Drug Store News - May 17 2013]
End of Waitrose tie-up hits Boots food sales [Published Grocer - May 17 2013]
Transformed Boots will be world leader [Published Nottingham Post - May 16 2013]
ALEX BRUMMER: Baton pass for the Old Lady as Ki... [Published Mail Online UK - May 16 2013]
Cosmetic change helps lift Boots [Published Scottish Daily Express - May 16 2013]
Boots' profits rise despite revenue fall after ... [Published The Independent - May 16 2013]
Boots in good health as chemist reports a rise ... [Published This Is Money - May 15 2013]
Alliance Boots revenue falls 2.6% [Published Cosmetics Business - May 15 2013]
Boots weathers sales squeeze [Published Manchester Evening News - May 15 2013]
Boots’ full-year EBITDA up 4.5% [Published My Retail Media - May 15 2013]
Profits up but sales down at Alliance Boots [Published Coutts Woman - May 15 2013]
Alliance Boots: 'Good progress' in Walgreens pa... [Published Chain Drug Review - May 15 2013]
Profits surge in 'Transformational Year' for Al... [Published IGD Retail Analysis - May 15 2013]
Boots: Upbeat despite fall in revenues [Published Nottingham Post - May 15 2013]
Boots weathers squeeze on sales [Published Shropshire Star - May 15 2013]
Boots profit rises despite sales dip [Published Retail Gazette - May 15 2013]
Boots reports 4.5% rise in full-year EBITDA [Published Logistic Partners - May 15 2013]
Alliance Boots Gains From Walgreens Tie-Up as P... [Published Bloomberg - May 15 2013]
Alliance Boots year profit up 6 pct [Published Reuters - May 15 2013]
Annual results for the year ended 31 March 2013 [Published Noodls - May 15 2013]
Boots sets its sights on China [Published NewsRT.co.uk - May 12 2013]
Boots sets its sights on China [Published The Independent - May 12 2013]
Boots looks to China as profits soar [Published Mail Online UK - May 11 2013]
Alliance Boots distributes equity interest in G... [Published Drug Store News - May 10 2013]
Alliance Boots distributes equity interest in G... [Published Noodls - May 10 2013]
Alliance Boots targets China for big deal [Published FT.com - Companies Asia-Pacific - May 06 2013]
Alliance Boots targets China for big deal [Published FT.com - Retail & Consumer - May 06 2013]
Alliance Boots targets China for big deal [Published FT.com - Health - May 06 2013]