Durex and Scholl drive up profits at SSL
Condoms and foot-care group SSL said today (20 May) that it had exceeded its profit targets for the fourth year in a row.
Reporting its results for the year ended 31 March, SSL said its Durex and Scholl brands drove strong sales and profits growth.
Total sales were £533.9 million compared with £499.3 million last year generating operating profit before one-off costs of £68.1 million (2007: £61.1 million).
Chief executive Garry Watts said: "We've achieved this year's targets through strong growth from our two global brands, Durex and Scholl. We are bringing new products to the market to continue this growth while at the same time expanding our distribution into new and developing territories. Sales growth and a continuing focus in January 2007.”
