The Clicks growth strategy is moving the retailer beyond its pharmacy roots, with CEO Bertina Engelbrecht targeting GLP-1 medicines, specialist healthcare and medical consumables. Clicks has raised its pharmacy market share to 24.7% and operates 835 pharmacies and 225 clinics. GLP-1 medicines the biggest near-term opportunity Engelbrecht sees GLP-1 medicines as the biggest short-term opportunity. These drugs treat diabetes and…
Tag: UPD
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Clicks Annual Results Show Turnover Topping R50bn
Clicks annual results show group turnover passing R50bn for the first time, as the health and beauty retailer returned R976m in cashback rewards to loyalty members. Turnover rose 5.4% to R50.4bn in the year to end-August, or about R138m a day. Loyalty and discounts amid cost pressures Clicks ClubCard had 13.1 million active members, who accounted for more than four-fifths…
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Clicks Group Half-Year Earnings Reveal Solid Profit Growth
Clicks Group has lifted profitability at the halfway stage of its financial year, even as consumers remain under pressure. The retailer said turnover for the six months ended February rose 7.4% to R24.9bn. Headline earnings increased 6.4% to R1.5bn. Headline earnings per share (HEPS) climbed 8.1% to 653 cents. The company said share buybacks over the past 18 months helped…