Sigma Healthcare AGM Trading Update
Key points
- Australian Chemist Warehouse stores sales up 12.1%
- International sales up 30.2%
- Sigma on track to onboard 14 Chemist Warehouse stores domestically and 19 internationally
- Strong momentum and significant growth opportunities ahead
Full summary
At the Annual General Meeting, Sigma Healthcare highlighted robust trading momentum for Chemist Warehouse stores in Australia and internationally. Australian stores saw a 12.1% sales increase and 9.8% like-for-like growth, while international sales surged 30.2% with 15.8% like-for-like growth. The company plans to onboard 14 Chemist Warehouse stores and 42 Amcal and Discount Drug Stores in Australia, and 19 stores internationally. Sigma anticipates double-digit sales growth for the balance of the first half.
Guidance
Sigma expects Chemist Warehouse branded store sales to deliver double-digit sales growth
Outlook
Sigma Healthcare anticipates further growth opportunities and plans to expand its Chemist Warehouse network domestically and internationally.
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