Clicks sees a double digit rise in earnings
  • 4 years ago
Clicks has seen a double digit rise in earnings over the past year. The chain's profits rose 13.7 percent, despite the COVID-19 pandemic slowing sales of traditional flu and cold medicine. The company continued to operate during the lockdown because it was categorised as an essential service. There was a high demand for health supplements as consumers sought to boost their immune systems. Retail health and beauty sales grew by 8.4 percent. Clicks saw a jump in online sales, albeit from a low base, with 361 percent growth in the second half of the year. Bucking the trend, the company declared a dividend of 450 cents per share. Courtesy #DStv403