20/09/2023 17:01

Sigma Healthcare (SIG) 75.5c

SIG -0.66%: First-half half results were out from the pharmaceutical goods wholesaler today, coming in broadly in line with expectations though there were positive signs on the cost front. Revenue for the half was $1.68b, down -8.4% on the back of lower RAT sales and following the sale of their Hospital supply arm.

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26/09/2022 16:50

Sigma Healthcare (SIG) 66c

SIG -5.71%: first half results from the pharmaceutical product wholesaler was reasonable on the first read, however there are still a number of issues holding performance back. EBITDA was up 17% to $20.7m, while the company posted a net loss of $1.5m, though it included $38.7m worth of write-downs on assets and inventory. RAT sales continued to prop up the numbers, though a return to ‘normal’ has...

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29/03/2022 17:19

Sigma Healthcare (SIG) 53c

SIG +1.92%: Sigma is a chemist retailer operating under brands like Amcal and they also have a large wholesale business, although smaller than it once was after losing the contract to supply Chemist Warehouse a few years ago. They released FY22 results today and presented to us this afternoon. We haven’t really looked at SIG before and find it hard to get excited about the stock right now, although it is in turnaround mode. Today’s result was...

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02/03/2022 17:36

Sigma Healthcare (SIG) 49c

SIG -2%: surprisingly tough finish to the day for Sigma who substantially upgraded guidance for their FY22 result due out at the end of the month. The pharmaceutical wholesaler upgraded EBITDA guidance to 10-15% growth for the year against previous guidance of +10% as strong demand for COVID RATs helped turnaround performance into the January year end. Despite the big shift in guidance, the result...

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27/09/2021 17:19

Sigma Healthcare (SIG) 60.5c

SIG +1.68%: the pharmaceutical wholesaler re-joined the running to take out Priceline owner Australian Pharmaceutical Industries (API) today in a battle that’s now spanned 3 years. Wesfarmers had thrown a bid in for API only a few months ago at $1.55/sh cash, in a deal that looked all but wrapped up before Sigma’s moves today. They have offered 2.05 shares...

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