Report
Andreas Riemann ...
  • Sinan Doganli

Redcare Pharmacy : Final Q2 2024 results in line with expectations

>Adj. EBITDA rises +12.8% y-o-y on the back of solid top-line growth - This morning Redcare Pharmacy released its final Q2 results that were overall in line with our and the consensus expectations. Earlier this month, Redcare already pre-released sales numbers of € 560m (+33% y-o-y), which were in line with expectations. Group sales were driven by an increase of +21% y-o-y in non-Rx sales to € 390m and an increase of +75% y-o-y of Rx sales to € 170m. Adj. EBITDA incr...
Underlying
Shop Apotheke Europe NV

Shop Apotheke Europe NV is a company based in the Netherlands that retails pharmaceutical products online. The Company focuses on non-prescription medication (OTC), as well as on pharmacy-related beauty and personal care (BPC) products. The Company is active in Belgium, Spain, Italy, France, Austria, the Netherlands and Germany.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Andreas Riemann

Sinan Doganli

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