September 19, 2021

Clicks to open 268 more Covid vaccination sites in the coming weeks

Pharmacy retailer Clicks says its vaccination programme continues to achieve momentum, having administered 596,180 vaccinations nationally by the finish of August 2021 by way of 300 vaccination sites.

Clicks stated it plans to open an extra 268 sites in the coming weeks, with 568 sites anticipated to be working by the finish of September 2021. “This will give Clicks the capacity to administer approximately 615,000 vaccinations each month,” it stated.

In mid-August, Clicks launched a web-based reserving portal for Covid vaccinations. Earlier than reserving an appointment on the Clicks on-line portal, eligible people first want to register on the Division of Well being’s Digital Vaccination Information System (EVDS).

The Nationwide Institute for Communicable Ailments (NICD) stated Monday that 217,752 Covid vaccination jabs had been administered round the nation over the previous 24 hours, taking complete doses to 14,922,954 to date in South Africa.

This implies there are actually 10,860,605 residents who’ve obtained a jab in the nation out of the 39,789,201 adults focused by the authorities.

As well as, the Division of Well being stated 7,330,517 individuals have been absolutely vaccinated.

In the meantime, the nation reported 2,640 new infections, taking the complete variety of laboratory-confirmed instances to 2,860,835, whereas 125 Covid-19 associated deaths have been reported, taking the tally to 85,002 deaths to date.

The NICD stated that the present surge is displaying indicators of a sustained downward pattern. “There has been an increase of 163 hospital admissions in the past 24 hours,” the NICD added.

Civil unrest

In a buying and selling replace on Tuesday (14 September), Clicks stated that in the widespread civil unrest in KwaZulu-Natal (KZN) in July 2021, 52 shops and one Physique Store retailer had been looted and vandalised. The affected shops represented 6% of the group’s retailer base.

By 31 August 2021, 34 of those shops had been reopened. An additional 8 shops have since been reopened, and at present, 11 shops stay closed.

“It is expected that a further 5 will be reopened by the end of the first half of the 2022 financial year and 4 in the second half. The final 2 damaged stores are scheduled to open in the 2023 financial year,” it stated.

The UPD and Clicks distribution centres in KZN had been each looted and broken and reopened on 26 July 2021 and 16 August 2021, respectively, the group added.

As beforehand suggested, Clicks stated that it incurred extra prices for personal safety companies to shield the distribution centres and air transportation prices to provide medicines from Johannesburg to UPD clients in KZN.

The group stated it has sufficient South African Particular Dangers Insurance coverage Affiliation (SASRIA) and normal insurance coverage cowl for materials injury to belongings, inventory and enterprise interruption.

The whole SASRIA declare quantities to R726 million, comprising lack of inventory of R522 million (carrying worth of R334 million), substitute of fastened belongings of R182 million (carrying worth R61 million) and different prices of R22 million.

“It is not yet possible to quantify the full impact of business interruption on the group’s revenue and profitability as the timing of the reopening of stores is dependent on shopping centre owners.”

Clicks stated it has obtained its first interim insurance coverage cost of R217 million from SASRIA, which can be accounted for in the 2021 monetary yr.

Owing to the influence of the civil unrest outlined above and the incontrovertible fact that solely 30% of the complete SASRIA insurance coverage declare has been accounted for to date, Clicks stated it expects headline earnings per share for the yr ended August 2021 to improve by 0% to 3%.

Excluding the influence of the civil unrest, the group HEPS would have been inside the 8% to 13% improve vary beforehand communicated to shareholders.

In a buying and selling replace for the yr ended, August 2021, Clicks stated that retail well being and sweetness gross sales, together with Clicks and the franchise manufacturers of The Physique Store, GNC and Claire’s, elevated by 8.3% (2020: 8.4%) over the prior monetary yr.

“Sales in the last seven weeks of the financial year were significantly impacted by the civil unrest in KZN. In addition to the store closures due to damages and the temporary store closures at the peak of the violence, trading in the affected areas remains well below the levels of the previous year, and this is expected to continue in the short term.”

UPD elevated turnover by 12.3% (2020: 11.2%) over the prior yr.

Group turnover from persevering with operations elevated by 10.2% (2020: 10.5%), it stated.

Source link