News Formal

Dis-Chem gains market share as store rollout continues

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Sverige Nyheter Nyheter

Group revenue grew 13.2% during its six months to end-August, boosted by new outlets and its acquisition of a wholesaler

Dis-Chem pharmacy in Rosebank, Johannesburg. Picture: FINANCIAL MAIL

Group revenue rose 13.2% to R11.8bn during its six months to end-August, with the integration of Western Cape wholesaler Quenets helping external revenue from wholesale grow 28.5%. “As we have reiterated, commercial decisions made are for the long-term benefit of group growth considering the position of our brand within a resilient, consolidating market,” CEO Ivan Saltzman said in a statement.

Four more stores have been added since the end of August, while the company is planning to open seven more stores by the end of February 2020.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

MARKET WRAP: JSE gains as markets eye US-China trade deal developmentsThe rand was the third worst performer among emerging-market currencies on the day
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

JSE gains as global market sentiment improvesLocally, Statistics SA is set to release manufacturing production for September later in the day
Källa: BDliveSA - 🏆 12. / 63 Läs mer »