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An announcement from Sigma Healthcare Ltd ( (AU:SIG) ) is now available.
Chemist Warehouse Group (CWG), part of Sigma Healthcare, announced record sales and margin expansion for the first half of fiscal year 2025. The group achieved a 13% increase in total retail network sales, driven by strong performance in both domestic and international markets. CWG’s EBIT rose by 35%, with an EBIT margin expansion of 400 basis points. The company opened 19 new stores, including two in Dubai, and successfully launched new products such as the Messi men’s fragrance. The ongoing merger with Sigma is expected to complete in February, signaling further growth and expansion opportunities.
More about Sigma Healthcare Ltd
Sigma Healthcare Ltd operates in the healthcare industry, focusing on wholesale and distribution services for pharmaceuticals, medical consumables, and over-the-counter products. The company primarily serves pharmacies and healthcare providers, positioning itself as a key player in the Australian healthcare supply chain.
YTD Price Performance: 3.82%
Average Trading Volume: 7,452
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.53B
See more insights into SIG stock on TipRanks’ Stock Analysis page.
