• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Clicks sees strong full-year growth

Apr 14 2011 09:19 Reuters

Company Data

PICK N PAY STORES LIMITED [JSE:PIK]

Last traded 59.29
Change 0.29
% Change 0.00
Cumulative volume 1413279
Market cap 28.48bn

Last Updated: 24/04/2014 at 03:53. Prices are delayed by 15 minutes. Source: McGregor BFA

CLICKS GROUP LIMITED [JSE:CLS]

Last traded 63.05
Change 0.55
% Change 0.01
Cumulative volume 874850
Market cap 15.52bn

Last Updated: 24/04/2014 at 03:53. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Clicks boasts strong earnings

Gaming, lifestyle items boost Clicks

Festive cheer for retailers

Clicks expands on pharmacies' success

Clicks triumphs in tough times

Clicks profit, revenue up

 
Johannesburg - Retailer Clicks Group [JSE:CLS] posted a 22% rise in first-half earnings on Thursday, driven by a strong performance in its core drug chain store and said it saw strong full-year growth.

Clicks, South Africa's largest drug store chain, said diluted headline earnings per share totalled 122.2 cents for the six months to end-February versus 100 cents in the same period a year ago.

Headline EPS, the main measure of earnings in South Africa, strip out certain one-time and non-trading items.

Retailers in Africa's biggest economy have been squeezed as their customers battle with unemployment and high debt, but Clicks has fared better due to its emphasis on pharmacies and popular beauty products.

Clicks also forecast a full-year profit rise of 17% to 22% percent, boosted by organic growth from store expansion and the opening of additional pharmacies.

Rival retailer Pick n Pay Stores [JSE:PIK] last month forecast a 10% to 25% decline, stung by higher costs and industrial action.

pick n pay stores  |  clicks group
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Keep cops out of politics, Icasa hears

The SAPS should not be drawn into politics because it is a statutory institution, Icasa's complaints and compliance committee has heard.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...