Shop Apotheke share price surge: Shop Apotheke with a strong increase in sales – expectations exceeded

In the period from January to March, sales increased by almost 22 percent to 371 million euros compared to the previous year, the Dutch company announced on Wednesday based on preliminary figures. The analysts recorded by Bloomberg had expected almost 352 million. The number of active customers reportedly rose to 9.7 million, adding 0.4 million customers in the first quarter.

Shop Apotheke wants the full interim report for the first quarter

Release 2023 on May 2, 2023. Shop Apotheke reorganized its business in Switzerland at the end of March. Together with the Galenica group of companies there, the Dutch want to bundle their capacities in a joint venture.

Hauck Aufhäuser IB increases target for shop Apotheke

According to preliminary quarterly figures, Hauck Aufhäuser Investment Banking has raised the price target for Shop Apotheke from EUR 125 to EUR 128 and left the rating at “Buy”. Analyst Christian Salis spoke of excellent results, with which the online pharmacy exceeded expectations. He sees his positive assessment of the share confirmed. Shop Apotheke remains its “top pick” in the consumer sector in a study published on Wednesday.

In XETRA trading, the Shop Apotheke share temporarily gained 10.10 percent to EUR 85.88.

SEVENUM / HAMBURG (dpa-AFX)

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