{"id":29710,"date":"2022-04-28T16:22:51","date_gmt":"2022-04-28T16:22:51","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure"},"modified":"2022-04-28T16:34:27","modified_gmt":"2022-04-28T16:34:27","slug":"clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure","title":{"rendered":"Clicks sees 26% profit jump, but warns consumers face growing pressure"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Pharmacy retailer Clicks\u2019 half-year earnings jumped by 26%, as sales picked up by 13.6% over the six months to end-February.<\/p>\n

Clicks’ headline earnings per share rose from 370.6 cents in the 2021 half-year, to 466.9 cents in 2022.<\/p>\n

However, Clicks\u2019 CEO Bertina Engelbrecht warned that the rest of the year will be constrained as consumers face increasing financial pressures and load shedding continues to disrupt operations.<\/p>\n

The company increased its interim dividend by more than 26% to 180 cents per share in line with the earnings growth. Despite paying out R1.3 billion in dividends, and buying back shares, the company still has a R838 million cash pile.<\/p>\n

Clicks opened its 800th store in March, and grew its pharmacy footprint by 45 new outlets, to bring it to a total of 646. Some 50% of South Africans now have access to a Clicks pharmacy within 5.5 km of their homes.<\/p>\n

Clicks plans to open 28 more stores this year.<\/p>\n

The group\u2019s clubcard membership grew to 9.5 million active members, which represent 81% of the group\u2019s sales in the six months. Its distribution business, United Pharmaceutical Distributors (UPD) increased its turnover by 6.7%, to R14.2 billion in the half year.<\/p>\n

The retailer is one of many South African businesses that were impacted by the July unrest in 2021, and has since received a R710 million damages settlement from the South African Special Risks Insurance Association.<\/p>\n

Its share price was up almost a percent to R323.87 on Thursday morning.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Pharmacy retailer Clicks\u2019 half-year earnings jumped by 26%, as sales picked up by 13.6% over the six months to end-February. Clicks’ headline earnings per share rose from 370.6 cents in the 2021 half-year, to 466.9 cents in 2022. However, Clicks\u2019 CEO Bertina Engelbrecht warned that the rest of the year will be […]<\/p>\n","protected":false},"author":84,"featured_media":29709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,884,246,1629,275,489],"class_list":["post-29710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-clicks","tag-covid-19","tag-pharmacy-retail","tag-south-africa-2","tag-unrest"],"yoast_head":"\nClicks sees 26% profit jump, but warns consumers face growing pressure - South Africa<\/title>\n<meta name=\"description\" content=\"Pharmacy retailer Clicks\u2019 half-year earnings jumped by 26%, as sales picked up by 13.6% over the six months to end-Febru ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clicks sees 26% profit jump, but warns consumers face growing pressure\" \/>\n<meta property=\"og:description\" content=\"Pharmacy retailer Clicks\u2019 half-year earnings jumped by 26%, as sales picked up by 13.6% over the six months to end-Febru ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-28T16:22:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-28T16:34:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/04\/postQueueImg_6-626ac1f72b734.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"456\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Clicks sees 26% profit jump, but warns consumers face growing pressure\",\"datePublished\":\"2022-04-28T16:22:51+00:00\",\"dateModified\":\"2022-04-28T16:34:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\"},\"wordCount\":253,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2022\/04\/postQueueImg_6-626ac1f72b734.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"clicks\",\"Covid-19\",\"pharmacy retail\",\"South-Africa\",\"unrest\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/clicks-sees-26-profit-jump-but-warns-consumers-face-growing-pressure\",\"name\":\"Clicks sees 26% profit jump, but warns consumers face growing pressure - 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