Terry White reports soaring profit

The Terry White Group has reported a 371% increase in pre-tax profit, with the chemist subsidiary’s retail sales showing a marked improvement.

 TWG is the parent of both Terry White Chemists and Chemplus franchisors and

CEO Anthony White says the group is significantly outperforming the industry average growth rate.

The company now has 225 pharmacies across Australia.

The company had been investing in core retail capabilities like loyalty initiatives and private label to drive retail