• Chemist Warehouse Group delivered double-digit like-for-like retail network sales growth
• EBIT increased by 35% and margins expanded by 400 basis points
• Opened 19 new stores including 2 new stores in Dubai, a new geography

Chemist Warehouse Group (CWG) provided a trading update for the six months ended 31 December 2024 (1H FY25), reporting a continuation of the strong results included in the previous outlook statement. The 1H FY25 results showed double-digit like-for-like retail network sales growth of 10.3%, with Australia up 10.4% and international up 9.0%. Total Chemist Warehouse retail network sales increased 13.0% to $5,154.0 million. CWG's EBIT increased by 35.0% to $437.9 million, and EBIT margin expanded by 400 basis points to 22.3%. Profit before tax grew 36.1% to $436.8 million. The company opened 19 new stores during the period, including 2 new stores in Dubai, a new geography. CWG made good progress on transitioning wholesale supply to Sigma to drive efficiency gains and launched the new Wagner Pharma brand. The company also successfully launched the new Messi men's fragrance, demonstrating its ability to innovate and support partner brands. The transformational merger with Sigma is expected to complete in February 2025.

CWG enters 2025 with confidence and looks forward to further growth and network expansion.