Clicks Because we’re heppy
Let’s get cracking with the Clicks interims then: sales up a 9.6% to R9.3bn for the half year, which, the analysts report, confirms their suspicions of tough trading conditions all round, clever chaps that they are. And HEPS, which we are to believe are a company’s best indicator of profitability are up 10.3%. Operating profit was up a more modest 7.3%, while operating margin was down a touch to 6.1%. As usual, UPD was a good story, growing its share of the pharmaceutical distribution business from 25.7% to 26.3%. Clicks itself grew sales 8.2% with pharmacy up 13.1%.