Dis-Chem retail sales rises to ZAR7.9 billion


South African pharmaceutical group Dis-Chem announced today, 15 February 2018, reported a 14.2 percent increase in retail turnover to ZAR7.9 billion for the 22 weeks to 2 February 2018.

Total group turnover grew by 13.1 percent to ZAR8.5 billion, while comparable store growth and sales price inflation for the period were 5.5 percent and 2.5 percent.

Dis-Chem said comparable store growth was heavily impacted by the extent of new space added in the current reporting period, an additional 30 stores were added in the 22 weeks to the 2 February 2018 relative to the comparable period as the company grew its presence in underrepresented markets.

“We are comfortable that the industry fundamentals and the Dis–Chem brand positioning, the focus of which remains on an unrivalled pharmacy offering, dedicated front shop service and a differentiated stock range, continues to allow us to trade well through challenging market conditions,” says Ivan Saltzman, Dis-Chem Chief Executive Officer.

“We expect that price inflation will be at lower levels in 2018 as a result of the announced SEP increase of 1.26%. Supported by our store roll out strategy, we remain focussed on ensuring we continue to grow our market shares in the categories that we serve.”

The financial information in this trading update has not been reviewed or reported on by the Group’s
independent auditor.


About Author

Thabo Mphahlele is the BizNis Africa Head of Sales and Marketing. Mphahlele was previously MultiChoice Production Support Analyst responsible for developing and monitoring applications. In addition, Mphahlele develops and automates batch scripts and is responsible for the daily infrastructure maintenance at MultiChoice. As a Production Support Analyst, he is responsible for incident analysis solving , developing and constructing business reports for SQL and Oracle and implement change controls for the business. Additional responsibility includes monitoring system performance via SOA, Kibaba (Elasticsearch), H.P BSM, HP Sitescope. Mphahlele is responsible for creating infrastructure performance reports through HP Ops Analytics, monitoring payments via Splunk and in-house built-in tool and disaster recovery simulation and testing. At Nashua Mobile, he was responsible for application development and enhancing the web sites At South West Gauteng College, he was the IT Technician and Network Administrator. During his tenure at Double Digit Media, he was he focused on application and web site development for new and existing clients Mphahlele contributes as a Content Manager for BizNis Africa.

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