ASX
Ramsay reports $11.4B revenue – up 24% on last year
The “market-leading” healthcare group added just five retail pharmacies to its portfolio in Australia, after slowing down rollout of its pharmacy network Ramsay Health Care has announced a core net …
‘Landmark’ year for MedAdvisor
The digital medication management company has reported a 25% increase in operating revenue and 24% increase in gross profit following its expansion into the US and UK MedAdvisor has reported …
Chemist Warehouse linked to big money
The discount pharmacy chain is reportedly set to float but investors may have to wait, with rumours the date has been pushed to late 2020 Pharmacy giant Chemist Warehouse has …
EBOS reports ‘solid growth’ in underlying earnings
Full-year highlights included signed agreement with Chemist Warehouse Group for exclusive wholesale distribution, and moving to 100% ownership of TWC – but PBS reforms are having an impact EBOS Group …
“Strong” position has led to investments
Despite facing PBS reform and intense competition, API reports $25 million net profit after tax and $2 billion in revenue in its half-year results for 2019 Australian Pharmaceutical Industries (API) …
Sigma affirms ‘strong future’
A review initiated after losing My Chemist/Chemist Warehouse supply contract has identified over $100m per year in savings Sigma Healthcare Limited has announced a “strong outlook” after conducting a review …
API announces proposal to merge with Sigma
Under the scheme, API shareholders would own approximately 63% of the combined entity with Sigma shareholders owning the remaining 37% Australian Pharmaceutical Industries Limited (API) has today lodged a substantial …
API delivers on guidance despite ‘difficult conditions’
PBS changes and exclusive direct distribution wiped more than $10 million in gross profit, according to FY18 results Australian Pharmaceutical Industries (API) has reported mixed results in its financial year …
‘Well funded’ MedAdvisor drives new initiatives
MedAdvisor has reported a 31% increase in revenue on the same period last year, and expects to finalise a commercial agreement with TerryWhite Chemmart shortly Australian digital medication management company …
API sees profit slump
Half-year results show a 14.4% drop in reported net profit, which API says is primarily due to challenging retail conditions For the half year ending 28 February 2018, Australian Pharmaceutical …
Sigma net profit drops 10.5%
Sales revenue was “heavily impacted” this year by a decline in the sales of low-margin hep C medicines Sigma Healthcare has reported a difficult financial year, but says it will …
How could a listed Chemist Warehouse look?
Chemist Warehouse could list its management structure, but does it actually need to? asks one industry analyst Earlier this week the Australian Financial Review’s Street Talk column suggested that Chemist …