Clicks interim results – turnover up 9.6% to R9.3 billion

Clicks Group has released it's interim results for the 6 month period ended 28 February 2014.

Highlights:

• Group turnover up 9.6% to R9.3 billion
• Diluted headline EPS up 10.3%
• Interim dividend up 10.3%
• Return on equity at 55.4%

Clicks increased sales by 8.2% with comparable store sales growing by 5.3%. The brand continued to generate real volume growth, supported by promotional activity which accounted for 26% of sales in the period. Pharmacy sales were 13.1% higher and Clicks increased its retail pharmacy market share to 17.6%. Clicks extended its store footprint to 453, with 333 dispensaries and 133 clinics. The Clicks ClubCard loyalty programme has grown active membership to 4.3 million.

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