Switzerland's DocMorris Q2 external revenue rises on Rx customer growth, digital services expansion
Switzerland's DocMorris Q2 external revenue rises on Rx customer growth, digital services expansion
Overview
Switzerland online pharmacy's preliminary Q2 external revenue rose 15% yr/yr
Germany Rx revenue grew 46% in Q2; Digital Services up 80%
Adjusted EBITDA expected to improve further in Q2 vs Q1
Outlook
DocMorris will update 2026 guidance as part of half-year results on 19 August
Result Drivers
PRESCRIPTION MEDICINE GROWTH - Rx revenue rose 46% in Q2, driven by a significant increase in new Rx customers, according to CEO Walter Hess
DIGITAL SERVICES EXPANSION - Digital Services revenue grew 80% in Q2, supported by TeleClinic, retail media and marketplace, per company statement
MARKETING EFFICIENCY - Company said focus on operational and marketing efficiency supported profitability improvements, per CFO Daniel Wüest
Company press release: ID:nEQ54RGcCa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 External Revenue |
| CHF 627.80 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the drug retailers peer group is "buy."
Wall Street's median 12-month price target for DocMorris AG is CHF8.75, about 13.9% below its July 14 closing price of CHF10.16
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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