Report
Sinan Doganli

Redcare Pharmacy : Redcare sees opportunities to capitalise on strong e-Rx demand and specifies its FY 2024 guidance

>E-Rx sales above consensus estimates - Redcare Pharmacy reported significant growth in Germany's prescription (Rx) segment in Q3 2024 which grew at +81% y-o-y to € 69.0m, some +8.8% above consensus expectations. Growth in German Rx sales even reached 108% in September. Based on these strong e-prescription (E-Rx) indicators, the company sees opportunities to further capitalise on demand for e-Rx and plans to boost marketing efforts in Q4. As a result, the company ha...
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
Sinan Doganli

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