Redcare Pharmacy gains as Q2 revenue grows 26% from last year

Redcare Pharmacy NV

03/07/2025 07:22

** Shares in Redcare Pharmacy RDC.DE rise 4.4% in early Frankfurt trade after the German online drug retailer posted preliminary Q2 revenue above last year's level and confirmed FY guidance for 2025

** Its Q2 revenue was 709 million euros ($836.7 million), up 26.4% from 561 million a year earlier, though it slightly missed analysts' expectations of 711.3 million euros according to LSEG data

** "No brilliant report. But should overall be good enough for a bounce of depressed shares," a local trader says

** The stock, which had lost 31.6% YTD as of Wednesday's close, is seen at the top of Germany's mid-cap .MDAXI index

($1 = 0.8474 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))