Redcare Pharmacy : FY 2024 outlook in line, waiting for e-script update
>FY 2023 profits above, FY 2024 outlook in line - In January this year, Redcare already pre-released Q4/FY 2023 sales numbers. Organic sales growth excluding MediService was 23% y-o-y in Q4, and the company stated that Rx business grew 17% in Q4, i.e. there was still no major benefit from the e-script. FY 2023, adjusted EBITDA increased to € 53.5m (consensus: € 49m, ODDO BHFe: € 48m), i.e. was 8% above the consensus. While DACH contributed € 75m (margin of +5%), adjus...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.
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.
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