Clicks revenue gets healthy boost from vaccinations
Pharmacy group has administered almost 2.5-million Covid shots and forecasts sustained demand as customers queue for boosters
SA’s largest pharmacy group Clicks says its administration of almost 2.5-million vaccines so far in its first half has boosted revenue growth into double digits, and it is expecting sustained demand for booster shots as SA deals with the less severe but more transmissible Omicron variant of the coronavirus.
Clicks, the private sector’s largest administrator of vaccines, on Monday reported increased sales and market share, saying its strategy of increasing the accessibility of its stores was paying off. The group wants to open as many as 30 new stores a year, and 50% of SA’s population is already within 5.5km of a Clicks pharmacy...