Dischem’s operating costs spike even as earnings grow

Belgique Nouvelles Nouvelles

Dischem’s operating costs spike even as earnings grow
Belgique Dernières Nouvelles,Belgique Actualités

The pharmacy group warns that rising operational costs linked to load-shedding will affect its future earnings

Pharmacy retailer Dis-Chem saw double-digit headline earnings growth and upped its dividend, but rising operational costs grew at a faster rate than its revenue growth in its year to end-February.

Excluding Covid-19 vaccines, its revenue growth increased 9%, with wholesale revenue from its medicine distribution business up 10.4% to R24.2bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Belgique Dernières Nouvelles, Belgique Actualités



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