Dischem’s operating costs spike even as earnings grow

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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.

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