Dis-Chem Pharmacies Limited (JSE:DCP) News - Trading Statement

Dis-Chem Pharmacies Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/009766/06)
JSE share code: DCP ISIN: ZAE000227831
(“Dis-Chem” or “the Company” or “the Group”)

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited (“JSE”), a company is required to issue a
trading statement once it is satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported upon will differ by at least 20% from the financial results for the
previous corresponding period.

Accordingly, shareholders are advised that in respect of the twelve months ended 28 February 2022,
the Company is expecting to announce earnings per share (“EPS”) and headline earnings per share
(“HEPS’’) of between 96.9c and 100.8c. This is an increase of between 24.5% and 29.5% compared to
the published FY2021 EPS and HEPS number of 77.8c.

 Rands (‘000)                      FY2022e                   FY2021a                   % change
 Profit before tax               1 204-1 252                   941                     28.0-33.0
 Taxation                        (334)-(347)                  (253)                    32.0-37.0
 Profit after tax                  874-908                     688                     27.0-32.0

 Cents per share                  FY2022e                    FY2021a                   % change
 EPS                            96.9c-100.8c                  77.8c                    24.5-29.5
 HEPS                           96.9c-100.8c                  77.8c                    24.5-29.5

The Group is pleased with the performance of its buisnesses considering the constrained consumer
environment, the challenges that were posed by the pandemic as well as the civil unrest that was
experienced in July 2021. The successful integration of recent acquisitions as well as the continued
focus on Return on Invested Capital (ROIC) has driven cash generated from operations ahead of
strong profitability growth and positions the Group well to take advantage of it’s longer term
strategic initiatives.

The unrest had a minor impact on the Group’s HEPS. The Group was adequately insured and expects
a final payment of approximately R23.4 million from the South African Special Risks Insurance
Association (“SASRIA”) in FY2023.

The financial information contained in this announcement has not been audited, reviewed or
reported on by the Group’s external auditors.

Dis-Chem will release its results for the twelve months ended 28 February 2022 on 23 May 2022.
There will be a webcast at 10:00 am which can be accessed using the following link:
https://www.corpcam.com/Dischem2302022. The slides accompanying the presentation will be
available on the Group’s Investor Relations website in the Investors section at
www.dischemgroup.com shortly before the commencement of the presentation. A playback of the
webcast will be available approximately two hours after the presentation.

Midrand
28 April 2022

Sponsor
The Standard Bank of South Africa Limited

Date: 28-04-2022 08:00:00
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