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.

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