Australia's Sigma Healthcare hits two-month high on UK market expansion, sales growth
05/05/2026 04:42
** Shares of Sigma Healthcare SIG.AX rose as much as 5% to A$2.97, their highest since February 26 ** Co said on Monday that like-for-like sales in the Australia store network of one of its brands, Chemist Warehouse, grew at 14.4% in the nine months to April 30 - ahead of the 13.3% VA consensus for FY26e, according to Citi ** Retail pharmacy franchisor also announced a memorandum of understanding with Greenlight Healthcare that will allow the Chemist Warehouse brand to enter the UK market ** Sigma will acquire a 75% interest in selected Greenlight stores in the UK ** Referring to global geopolitical challenges, co said it is absorbing increased fuel costs within existing financial targets ** Year to date, stock little changed (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))