profit
World news wrapup: 7 December 2023
US pharmacist went on run after allegedly killing brother-in-law; NZ and UK pharmacists struggling financially; NZ vax data leak Kennewick, Washington State: A pharmacist is reportedly dead following a confrontation …
CWH dividends up, profits drop
Discount giant’s revenue marginally higher but increased sales costs hit overall result Chemist Warehouse founders are on the receiving end of a bumper dividend totalling $364 million, according to the …
The dragon and the bubble
The pandemic profit bubble may have burst, but pharmacy’s now widely accepted role as a highly valued interface in the health system should provide more incentive than ever to push …
AFT to pay first dividend as income soars 20%
Kiwi Maxigesic owner posts $NZD20m profit boosted by licensing income AFT Pharmaceuticals, the New Zealand-headquartered outfit best known for its Maxigesic ibuprofen/paracetamol combination, will pay its first dividend in its …
MedAdvisor returns to profit with record revenue
Latest results show GuildLink deal a golden egg for MedAdvisor MedAdvisor has shown a net profit for the first time in three years and posted a record operating revenue of …
Chemist Warehouse’s huge $550m pre-tax profit
Owners give themselves a $287 million dividends payday as turnover cracks the $3b mark Buoyed by the huge online surge in sales during the COVID lockdowns, Chemist Warehouse turned over …
Light bulb moment
In the face of declining customer numbers for traditional pharmacy, Bruce Annabel and Mal Scrymgeour provide 9 tips to keep patients coming back to your pharmacy As a rule, light …
It’s just not cricket
Wearing varieties of beige may have worked for a former Australian cricket captain, but a beige pharmacy won’t survive or prosper, say Bruce Annabel and Mal Scrymgeour Cricket is an …
Not being Walmart
Successful discounters have a model for success. If you want to compete and thrive you need to have your own well-formulated strategy, say Bruce Annabel and Mal Scrymgeour At first …
Profit accelerators
Too many pharmacies have been coasting for too long, but they’re soon about to stall without a change in strategy, say Bruce Annabel and Mal Scrymgeour One of us is …
API sees return to growth
Group reports total revenue of $4 billion, up 4.1% on the prior year, excluding PBS reforms and hepatitis C medicines API has reported earnings before interest and tax of $94 …
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 …