Shop Apotheke Europe NV : Cautious 2022 outlook on uncertainty around e-script rollout
>Q4 losses lower than feared, re-gaining share thanks to more marketing - Early January this year, Shop Apotheke already reported some 9% sales growth y-o-y for Q4. Sales in the DACH region grew 2% as the bonus ban led to a sharp decline in the German Rx business (over 40%) while OTC sales continued to increase. Sales in the International segment rose 44%. This week the company released final Q4 2021 results including adjusted EBITDA of -€ 10m (consensus: -€ 14.7m, O...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.
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