Dis-Chem Pharmacies Limited (JSE:DCP)

Ivan Leon Saltzman
Market Cap (AUD): 30.3B
Sector: Consumer Services
Last Trade (AUD): 34.62 +0 (+0%)
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1. About

Dis-Chem (JSE:DCP) is a leading retail pharmacy group with operations in South Africa, Namibia and Botswana. The group was co-founded by Ivan and Lynette Saltzman in 1978 when they opened their first retail pharmacy store in Mondeor, south of Johannesburg.

The Group has a PHARMACY FIRST approach meaning it has a dispensary in all of its stores functioning the same hours as the store’s front shop. The Group follows an Everyday Low Price (EDLP) strategy, positioning itself as a discount brand.

The Wholesale division operates a fine picking wholesale business and has three contributors to turnover: 1) Dis-Chem stores, 2) Independent pharmacies and 3) TLC franchisees. The group has four fully operational distribution centres located in Midrand, Delmas, KZN and Cape Town.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk