Clicks Group on Tuesday reported slower turnover progress for the 20-week interval to January 15 reflecting a pointy fall in Covid-19 vaccinations.
Turnover rose by 2.9% versus progress of 10.4% seen a 12 months earlier.
Excluding vaccinations, turnover rose by 7.8% to R15.6 billion reflecting good quantity progress following robust Black Friday and Christmas buying and selling.
Learn the buying and selling assertion right here.
“Clicks reported notably robust progress in magnificence, private care and child, with buyer buying behaviour normalising publish the comfort of Covid-19 rules,” CEO Bertina Engelbrecht mentioned.
The sweetness retailer generated simply R4 million from vaccinations versus R685 million a 12 months earlier.
Clicks didn’t share additional element on this.
Its complete retail gross sales grew by 5.5% and by 12.2% excluding vaccinations.
After greater than 4 million Covid-19 infections and over 102 000 deaths, hospitalisation and mortality charges have come down considerably in South Africa.
As of January 23, over 38 million vaccinations had been administered.
Turnover at United Pharmaceutical Distributors (UPD) – its bulk and wholesale division – grew by 9.9% as gross sales managed for bulk distribution shoppers benefited from new contracts and progress in current shoppers.
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