Edition:
India

Dis-Chem Pharmacies Ltd (DCPJ.J)

DCPJ.J on Johannesburg Stock Exchange

2,497.17ZAc
24 May 2019
Change (% chg)

38.17 (+1.55%)
Prev Close
2,459.00
Open
2,550.00
Day's High
2,550.00
Day's Low
2,440.00
Volume
698,096
Avg. Vol
1,384,737
52-wk High
3,499.00
52-wk Low
2,353.00

Latest Key Developments (Source: Significant Developments)

Dis-Chem Pharmacies Says FY Headline Earnings Grew By 7.4%
Thursday, 16 May 2019 

May 16 (Reuters) - Dis-Chem Pharmacies Ltd ::PROVISIONAL REVIEWED ANNUAL CONDENSED CONSOLIDATED RESULTS.FY GROUP REVENUE GROWTH OF 10% TO R21.4 BILLION..FY HEADLINE EARNINGS GREW BY 7.4% OVER CORRESPONDING PERIOD.FY RETAIL REVENUE GREW BY 9.7% TO R19.6 BILLION WITH COMPARABLE STORE REVENUE AT 3.4%.FY HEADLINE EARNINGS PER SHARE 85.4 CENTS PER SHARE.FOR 10 WEEKS TO 10 MAY 2019, GROUP REVENUE GREW BY 12% FROM PRIOR COMPARABLE PERIOD.INDUSTRIAL ACTION WHICH BEGAN MID-NOVEMBER LAST YEAR HEAVILY IMPACTED GROUP'S FY PERFORMANCE.FIVE STORES ADDED SINCE FINANCIAL YEAR END AND AN ADDITIONAL 17 STORE OPENINGS ARE PLANNED THROUGH TO FEBRUARY 2020.INDUSTRIAL ACTION CAME TO AN END ON 10TH OF APRIL 2019 WITH NUPSAW WITHDRAWING ALL DEMANDS AND EMPLOYEES RETURNING TO WORK.R50.4 MILLION OF ADDITIONAL DIRECT COSTS WERE INCURRED IN FY ON INDUSTRIAL ACTION THAT AFFECTED GROUP.GROUP EXPECTS THAT CONSUMER WILL CONTINUE TO REMAIN CONSTRAINED AS A RESULT OF CURRENT MACROECONOMIC ENVIRONMENT.GROSS FINAL CASH DIVIDEND OF 13.47250 CENTS PER SHARE, IN RESPECT OF YEAR ENDED 28 FEBRUARY 2019 HAS BEEN DECLARED.ADDITIONAL 17 STORE OPENINGS ARE PLANNED THROUGH TO FEBRUARY 2020.  Full Article

S Africa's Competition Tribunal Unconditionally Approves Dis-Chem Pharmacies & Mundel Gien Deal
Friday, 29 Mar 2019 

March 29 (Reuters) - South Africa's Competition Tribunal::UNCONDITIONALLY APPROVED DEAL WHERE DIS-CHEM PHARMACIES SEEKS TO BUY MUNDEL GIEN LTD TRADING AS SPRINGBOK PHARMACY.  Full Article

Dis-Chem, NUPSAW Reached Agreement To End Strike That Began On November
Thursday, 28 Mar 2019 

March 28 (Reuters) - Dis-Chem Pharmacies Ltd ::DIS-CHEM AND NUPSAW HAVE REACHED AGREEMENT TO END STRIKE THAT BEGAN ON 16 NOVEMBER 2018.IN TERMS OF SETTLEMENT AGREEMENT SIGNED 27 MARCH, STRIKING EMPLOYEES WILL RETURN TO WORK ON 10 APRIL 2019.DIS-CHEM HAS AGREED TO PAY PRO-RATA BONUSES TO QUALIFYING EMPLOYEES WHO HAD NOT RECEIVED THESE AS A RESULT OF STRIKE.AGREEMENT HAS SEEN WITHDRAWAL OF ALL DEMANDS MADE BY NUPSAW.AGREED DIS-CHEM WILL TAKE DISCIPLINARY ACTION AGAINST THOSE STRIKING EMPLOYEES WHO COMMITTED ACTS OF MISCONDUCT DURING STRIKE.  Full Article

Dis-Chem Pharmacies Says ‍Retail Turnover Up 14.2% For 22 Weeks To 2 Feb5 2018​
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Dis-Chem Pharmacies ::‍RETAIL TURNOVER UP 14.2% TO R7.9 BILLION FOR 22 WEEKS TO 2 FEBRUARY 2018​.‍GROUP TURNOVER UP 13.1% TO R8.5 BILLION FOR 22 WEEKS TO 2 FEBRUARY 2018​.‍EXPECT THAT PRICE INFLATION WILL BE AT LOWER LEVELS IN 2018 AS A RESULT OF ANNOUNCED SEP INCREASE OF 1.26%​.  Full Article

Dis-Chem Pharmacies Says Selling Shareholders Raised R1.12 bln via ‍Bookbuild
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Dis-Chem Pharmacies ::BOOKBUILD HAS NOW CLOSED​.SELLING SHAREHOLDERS RAISED R1.12 BILLION THROUGH SALE OF 32 MILLION BOOKBUILD SHARES AT R35 PER SHARE​.POST BOOKBUILD, IVAN SALTZMAN, STAN GOETSCH AND NIALL HEGARTY OWN 52.7%, 6.0% AND 3.2% RESPECTIVELY OF DIS-CHEM.  Full Article

Dis-Chem Pharmacies ‍Announcement In Relation To Accelerated Bookbuild​
Monday, 11 Dec 2017 

Dec 11 (Reuters) - DIS-CHEM PHARMACIES ::‍ANNOUNCEMENT IN RELATION TO AN ACCELERATED BOOKBUILD​.SUBJECT TO ACCEPTABLE PRICING BEING ACHIEVED, IVLYN, STANSH AND NIAJUL WILL SELL UP TO 3 MILLION, 20 MILLION AND 8 MILLION DIS-CHEM SHARES, RESPECTIVELY.‍BOOKBUILD OF UP TO 31,0000,000 BOOKBUILD SHARES IS NOW OPEN AND SELLING SHAREHOLDERS RESERVE RIGHT TO CLOSE IT AT ANY TIME​.  Full Article

Dis-Chem Pharmacies reports ‍HY adj HEPS of 46.8 cents/share​
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Dis-chem Pharmacies :‍HY HEADLINE EARNINGS PER SHARE AND ADJUSTED HEADLINE EARNINGS PER SHARE ARE 46.8 CENTS PER SHARE​.HY ‍GROUP TURNOVER INCREASED BY 13.3% TO R9.6 BILLION FROM PRIOR COMPARATIVE PERIOD​.‍EXPECTED THAT WEAK CONSUMER SPENDING ENVIRONMENT WILL CONTINUE INTO SECOND HALF OF FINANCIAL YEAR​.‍GROSS INTERIM CASH DIVIDEND OF 18.73035 CENTS PER SHARE, IN RESPECT OF INTERIM ENDED 31 AUGUST 2017 HAS BEEN DECLARED​.  Full Article

Dis-Chem Pharmacies ‍sees HY HEPS 34.8 pct-39.5 pct higher​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - DIS-CHEM PHARMACIES ::‍SEES HY HEPS OF BETWEEN 45.7C AND 47.3C, BEING AN INCREASE OF BETWEEN 34.8 PCT AND 39.5 PCT VERSUS A YEAR AGO ​.  Full Article

UPDATE 1-South Africa's Dis-Chem annual profit misses estimates

JOHANNESBURG, May 16 South African drugstore chain Dis-Chem Pharmacies Ltd's full-year earnings rose by less than expected, the company said on Thursday, as prolonged industrial action offset the impact of price cuts and aggressive promotions.