Clicks to ramp up store expansion

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The pharmaceutical, beauty and health retailer is set to open 40 new stores and 36 pharmacies

Large groups like Clicks will also be able to distribute vaccines to other sites. Picture: KEARA EDWARDS

A total of 40 new stores and 36 pharmacies are scheduled to open, while 40 stores will be refurbished, the company said in a statement on Thursday, announcing its interim results. Headline earnings per share, the main profit measure in SA that excludes exceptional times, rose 9.5% to R3.71 in the six months to end-February.

Group turnover was up 7.6% to R18.1bn. Retail sales grew 5.8%, with selling price inflation of 3.3%. Distribution turnover increased 9%, with price inflation of 2.3%.

 

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We must give credit to Clicks_SA for redeploying every employee from Musica - not a single retrenchment.

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