Redcare Pharmacy : Q2 sales in line, e-script in Germany starting to support Rx growth
>E-script sales up 37% following launch of Cardlink - Redcare released its top line numbers this morning. Q2 group sales rose 33% y-o-y to € 560m (consensus: € 558m, ODDO BHFe: € 558m). Non-Rx sales of € 390m grew by 21% and Rx sales in Germany increased 37% to € 50m following the launch of CardLink on 6 May. The active customer base grew to 11.6m, an increase of 1.4m on the year. Our takeaways: 1/ Q2 2024 sales were in line with expectations, and it is good to see e-...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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