Clicks has seen a slight profit increase amidst a challenging economic environment, with plans to add more stores and pharmacies.
Over the period, the group also finalised three takeovers worth R320 million – 194 Sorbet outlets, 24-hour pharmacy M-Kem and pharmacy software development company 180 Degrees.UPD – the group’s pharmaceutical wholesaler – also saw an increase in imported turnover and profitability in the second half of the financial year, but the business was impacted by the smaller increase in the regulated single exit price of medicines and operating challenges at its distribution centres.
Overall, the group’s diesel cost to run generators during load shedding grew to R53.8 million over the period.
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