Adjusted operating profit rose above R3bn in the pharmacy group’s 2021 year for the first time, boosted by its wholesale and distribution business
Pharmacy group Clicks has reported record adjusted operating profit for its 2021 year, with its wholesale business delivering yet another strong performance and growing its market share to almost a third, as sales to private hospitals picked up during SA’s second and third waves of Covid-19.
UPD, which distributes medicines, continues to be a star performer for Clicks, outdoing competitor Dis-Chem, whose much newer wholesale medicine division reported its first operating profit, in its 2021 financial year. ..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 Sunday Times Daily.
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