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DOCM — DocMorris AG News Story

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DocMorris seen up as German prescription sales lift Q2 revenue

BUZZ-DocMorris seen up as German prescription sales lift Q2 revenue

** Shares in DocMorris DOCM.S are up 2.8% in Julius Baer pre-market indications after the online pharmacy reported a 15% rise in Q2 preliminary external revenue

** Germany prescription revenue rose 46% in the quarter, supported by a significant rise in new customers

** "Sales of prescription drugs (Rx) are gaining strong momentum," Zuercher Kantonalbank says

** DocMorris says Q2 adjusted EBITDA is expected to improve further from Q1, helped by operational and marketing efficiency

** The stock is up 70% year-to-date


(Reporting by Kira Britten)

((Kira.britten@thomsonreuters.com))

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