Dis-Chem’s store-roll-out drive has paid off. The retail pharmacy group opened 21 new stores during the year to end-February and these additional stores helped the company deliver annual turnover growth of just more than 13%, along with a 6.6% rise in earnings. Headline earnings per share (HEPS) came in at 79.6c and the group’s declared a final dividend of 12.7c, taking its total for the full-year to 31.4c. Dis-Chem remains confident that the “resilient markets” in which it operates will offer some protection against weak trading conditions, despite a constrained consumer environment. Dis-Chem chief financial officer Rui Morais spoke to Business Day TV about the company’s performance. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.