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Boots
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Can I have some financial information about the company?

1999 2000 2001 2002 2003
Turnover (£m) 5,045 5,189 5,226 5,332 5,327
Operating Profit (£m) 562 565 580 626 544
Dividend per share (p) 23.8 25.2 26.3 27.4 28.6

Source: Boots Web site 'Financial Data' (http://www.boots-ir.com/boots/financialdata/)

Does this data suggest why Boots felt the need to set up a cost-cutting operation in 2002-03?

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