Clicks Group says it grew headline earnings by 12.9% to R763.3m in the six months to February thanks in part to better sales of its private-label products and higher profits from its distribution business. “Clicks Group delivered another strong health and beauty sales performance ... in an environment of low inflation, subdued economic growth and constrained consumer spending,” it said. Retail health and beauty sales grew 8.5%, while UPD, the group’s pharmaceutical distributor, grew operating profit by 27.2% as it gained market share, Clicks said. “The retail margin expanded owing to more customers switching to Clicks private-label products and the positive mix impact from the stronger growth of front shop relative to pharmacy,” it said. The group raised its interim dividend 15.1% to 118c a share. It said group turnover rose 6.2% to R15.3bn as retail sales grew  7.7%, or by 4.5% in comparable stores, with selling price inflation of just 1%. Distribution turnover increased 5.1% with ...

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