SA's biggest pharmacist by market share Dis-Chem says it's pleased with a recovery in sales and customers as it looks to put the 'bad publicity' from a leaked memo behind it and is pushing ahead with plans to significantly bulk up its footprint, particularly outside of Gauteng.
The retailer reported on Friday that group revenue rose 9.4% to R17.9 billion in the six months to end August, headline earnings fell about 17% to just under R500 million, with margins under pressure as it picked up its promotional activity and battled with issues including load shedding.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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Dis-Chem’s earnings slumpDue to the normalisation of the business post the Covid-19 boom, although interim revenue rises.
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