Clicks aiming for 900 stores - There are still 300 more pharmacies to open!
22 April 2021 6:49 PM
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The Clicks Group s profits are up nearly 10% for the six months ended February. Bruce Whitfield interviews CEO Vikesh Ramsunder.
Headline earnings grew by 8.1% to R920 million.
In January 2021, the Clicks Group announced the closure of Musica with effect from 31 May.
Group CEO Vikesh Ramsunder tells Bruce Whitfield Musica had already been on life support before the Covid-19 pandemic struck.
What Covid did was certainly push it over the edge. The format and the business model has been under pressure for many years now. with customers consuming music in a digital way.
AfricaSouth Africa s Clicks H1 profit up on preventative healthcare demand
Reuters
2 minutes read
South African pharmacy company Clicks Group (CLSJ.J) reported on Thursday a 9.5% rise in half-year earnings, boosted by consumer demand for preventative medicine and new private hospital business.
Diluted headline earnings per share (HEPS), the main profit measure in South Africa, rose to 371 cents in the six months to Feb. 28. Excluding the impact of the closure of its Musica entertainment business, diluted HEPS would have risen by 14.1%, it said.
In January Clicks announced the closure of Musica due to the shift to digital consumption of music, movies and games, exacerbated by the COVID-19 pandemic.
S.Africa s Imperial Logistics says it has been selected to import COVID-19 vaccines Reuters 1 hr ago
By Nqobile Dludla
JOHANNESBURG, April 22 (Reuters) - South Africa s largest logistics company Imperial Logistics has been awarded the tender to import COVID-19 vaccines for the second and subsequent phases of the country s vaccination programme, it told Reuters on Thursday.
Imperial Logistics was among a slew of bidders who had shown interest in importing, storing and distributing vaccines in the country under a tender floated by the government in February for its phase 2 vaccination drive.
The government is yet to announce the names of the selected bidders, a health ministry spokesman said, but Imperial Logistics confirmed in an emailed response it had won the contract for imports.
Interim results: Covid-19 delivers mixed fortunes for C dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.
Pharmacy chain Clicks Group said on Thursday it expects its full-year earnings to be up 8% to 13% after reporting a 9.5% rise in half-year earnings, boosted by consumer demand for preventative medicine and new private hospital business.