Shop Apotheke Europe NV : Slightly better Q3 profits, e-script uncertainty remains
>Better-than-expected profitability in Q3 - After providing Q3 2022 preliminary numbers in early October, Shop Apotheke yesterday released final results. Sales rose 20% y-o-y to € 285m with DACH up 18% and International growing 26%. The company also stated that the NPS is well above 70 which we think is good. The active customer base grew by 0.3m to 8.9m. Today the group announced that adjusted EBITDA for Q3 was € 2.7m for the ongoing business (no real consensus, ODDO...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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