Markets

Sigma Healthcare shares take off

Shares in Sigma Healthcare jumped after the pharmacy supplier announced a negotiated settlement with Chemist Warehouse over a wholesale supply agreement dispute. A short time ago, the shares were up 3.8% to $0.862. As a result of this settlement, Sigma confirmed current year EBIT (earnings before interest and taxes) guidance […]
Sigma Healthcare shares take off
Markets

Sigma Healthcare’s sales have slumped by 6%

Revenue at pharmacy supplier Sigma Healthcare fell by 6.1% to $2.02 billion for the half year to July as market conditions deteriorated for the owner of Amcal and Guardian chemist brands. Underlying net profit after tax was down 8.8% to $28.9 million. “We have achieved a sustained period of above […]
Sigma Healthcare’s sales have slumped by 6%
Markets

Sigma Healthcare has dropped legal action against Chemist Warehouse

Sigma Healthcare has dropped legal action against Australian pharmacy chain Chemist Warehouse in favour of a negotiated settlement over a disputed wholesale supply agreement. A short time ago, Sigma shares were up 8.7% to $0.935. Sigma shares fell in May by more than a quarter when the company announced the […]
Sigma Healthcare has dropped legal action against Chemist Warehouse
Markets

Sigma Healthcare shares are being smashed

Shares in Sigma Healthcare fell hard after the chemist wholesale group announced legal action against a pharmacy chain. A short time ago, the shares were down 27% to $0.862. The dispute is with the My Chemist/Chemist Warehouse Group over a supply agreement. Sigma says My Chemist/Chemist Warehouse Group wants to […]
Sigma Healthcare shares are being smashed