If the business of a company chairman is to let
the share- holders know what to expect, Mr. Philip Hill fulfilled that function amply at last week's meeting of Beechams Pills. He was prepared to foreshadow increased profits, both from the home and the export sides of the business. On the export side the company plans to take advantage of the extensive export organisation of the recently-acquired Eno business. Export sales to date, Mr. Hill said, show steady progress all round, and he anticipates important increases in the oversea profits. In the home trade, he points out, the company will this year have the benefit of a full year's working of the Maclean and Eno busi- nesses, and very considerable economies will be possible in manufacture, administration and selling. A considerable part of these economies will be realised in this year's accounts. Mr. Hill attaches the greatest importance to the repeal of the patent medicine duties. This will, he says, enable the com- pany to provide the public with its products in smaller and cheaper form than hitherto.
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