Commentary
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- Pharmacy integration continues to gather momentum, providing evidence that the group's pharmacy model is effective
- After a disappointing performance, the core Clicks brand has started to show the early signs of a turnaround
- UPD produced an outstanding performance, despite a challenging regulatory environment
Review of the Year
- Discom recorded its best operating profit performance for the past five years, and continues its strong presence in the ethnic hair care market
- The Entertainment division performed strongly, with its pricing strategy and the diversification into entertainment merchandise
proving a success
- The conversion to an enterprise-wide information systems platform which will transform business processes was successfully completed
- Senior appointments and changes to the group's leadership structure have enhanced the depth and experience of the management team
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