Clicks has reported a robust 13.7% increase in full-year headline earnings. These earnings grew to R3.2 billion for the year ended August from R2.8 billion a year ago. The strong performance was underpinned by a significant expansion of its retail and pharmacy footprint. As Clicks eyes further pharmacy expansion, it is pushing its total store base to more than 990…
Tag: retail expansion
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Clicks expands with affordable generics and 24-hour pharmacies
As healthcare costs soar, Clicks’ customers increasingly choose generic medications because they are affordable. Sales of generics, including Clicks-branded and other pharmaceutical brands, grew by 10% in the year to August 2024. Generics comprise 59% of Clicks’ pharmacy sales by value and 69% by volume. As the demand for budget-friendly health solutions grows, Clicks CEO Bertina Engelbrecht emphasised the group’s…
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Dis-Chem achieves 16.3% growth in the first half of 2024
Dis-Chem Pharmacies has reported strong financial results for the first half of 2024, showcasing a 16.3% increase in headline earnings per share (HEPS). The group’s focus on expansion and efficient cost management has significantly boosted its bottom line. Dis-Chem recorded a 9.6% rise in total revenue for the six months ending in August, reaching R19.6 billion. The retail segment saw…