|
Growth 2025/2026 |
Unaudited six months ended 30 June 2026 |
Unaudited six months ended 30 June 2025 |
Audited year ended 31 December 2025 |
|||||||||
|
Revenue % |
Operating profit % |
Revenue* R’000 |
Operating profit R’000 |
Operating margin % |
Revenue* R’000 |
Operating profit R’000 |
Operating margin % |
Revenue* R’000 |
Operating profit R’000 |
Operating margin % |
||
|
Healthcare SA |
2 |
(49) |
2 163 720 |
50 766 |
2 |
2 123 041 |
99 617 |
5 |
4 292 677 |
304 463 |
7 |
|
|
DENIS Group |
4 |
55 |
314 176 |
30 647 |
10 |
301 506 |
19 749 |
7 |
601 615 |
57 201 |
10 |
|
|
Information Technology |
2 |
(17) |
346 035 |
92 905 |
27 |
337 971 |
112 033 |
33 |
675 477 |
123 609 |
18 |
|
|
Total SA administration business |
2 |
(25) |
2 823 931 |
174 318 |
6 |
2 762 518 |
231 399 |
8 |
5 569 769 |
485 273 |
9 |
|
|
Healthcare Africa |
(7) |
11 |
120 969 |
47 408 |
39 |
129 554 |
42 707 |
33 |
261 285 |
91 592 |
35 |
|
|
Total Group administration business |
2 |
(19) |
2 944 900 |
221 726 |
8 |
2 892 072 |
274 106 |
10 |
5 831 054 |
576 865 |
10 |
|
|
Healthcare Retail |
(16) |
72 |
1 127 221 |
60 432 |
5 |
1 342 546 |
35 066 |
3 |
3 379 833 |
101 918 |
3 |
|
|
Pharmacy Direct & Curasana Wholesaler |
(24) |
>100 |
484 561 |
35 728 |
7 |
640 250 |
1 325 |
– |
1 982 593 |
37 676 |
2 |
|
|
Scriptpharm |
(8) |
(27) |
642 660 |
24 704 |
4 |
702 296 |
33 741 |
5 |
1 397 240 |
64 242 |
5 |
|
|
Total Healthcare |
(4) |
(9) |
4 072 121 |
282 158 |
7 |
4 234 618 |
309 172 |
7 |
9 210 887 |
678 783 |
7 |
|
|
Other (including inter-segment elimination) |
(8) |
– |
(512 334) |
– |
– |
(473 271) |
– |
– |
(1 764 047) |
– |
– |
|
|
Total |
(5) |
(9) |
3 559 787 |
282 158 |
8 |
3 761 347 |
309 172 |
8 |
7 446 840 |
678 783 |
9 |
|
| * | Revenue comprises the Revenue from contracts with customers and the insurance revenue. |
| The prior period has been re-presented to enhance disclosure for the segments. |
|
Growth 2026 |
Unaudited six months ended 30 June 2026 |
Unaudited six months ended 30 June 2025 |
Audited year ended 31 December 2025 |
||||||||||||
|
Profit before tax % |
Profit after tax % |
Profit before tax R’000 |
Profit after tax R’000 |
Net margin % |
Total assets* R’000 |
Profit before tax R’000 |
Profit after tax R’000 |
Net margin % |
Total assets* R’000 |
Loss before tax R’000 |
Loss after tax R’000 |
Net margin % |
Total assets* R’000 |
||
|
Healthcare SA |
(102) |
(102) |
(3 199) |
(2 527) |
– |
1 153 446 |
156 073 |
125 840 |
6 |
2 234 435 |
(1 340 924) |
(1 399 330) |
(33) |
1 135 498 |
|
|
DENIS Group |
66 |
82 |
33 298 |
27 870 |
9 |
247 039 |
20 098 |
15 312 |
5 |
181 409 |
59 237 |
45 050 |
7 |
221 196 |
|
|
Information Technology |
(246) |
(200) |
(30 611) |
(29 243) |
(8) |
1 216 232 |
(8 839) |
(9 763) |
(3) |
1 534 984 |
(113 788) |
(122 180) |
(18) |
1 265 089 |
|
|
Total SA administration business |
(100) |
(103) |
(512) |
(3 900) |
– |
2 616 717 |
167 332 |
131 389 |
5 |
3 950 828 |
(1 395 475) |
(1 476 460) |
(27) |
2 621 783 |
|
|
Healthcare Africa |
7 |
(20) |
43 178 |
30 824 |
25 |
219 987 |
40 229 |
38 603 |
30 |
213 840 |
87 312 |
73 678 |
28 |
259 345 |
|
|
Total Group administration business |
(79) |
(84) |
42 666 |
26 924 |
1 |
2 836 704 |
207 561 |
169 992 |
6 |
4 164 668 |
(1 308 163) |
(1 402 782) |
(24) |
2 881 128 |
|
|
Healthcare Retail |
(14) |
(22) |
62 786 |
50 279 |
4 |
779 746 |
73 311 |
64 352 |
5 |
1 626 847 |
185 975 |
152 937 |
5 |
933 658 |
|
|
Pharmacy Direct & Curasana Wholesaler |
(4) |
(27) |
30 137 |
24 579 |
5 |
556 507 |
31 271 |
33 647 |
5 |
743 928 |
105 080 |
93 783 |
5 |
738 454 |
|
|
Activo Group |
– |
– |
– |
– |
– |
– |
– |
– |
– |
711 154 |
– |
– |
– |
– |
|
|
Scriptpharm |
(22) |
(16) |
32 649 |
25 700 |
4 |
223 239 |
42 040 |
30 705 |
4 |
171 765 |
80 895 |
59 154 |
4 |
195 204 |
|
|
Total Healthcare |
(62) |
(67) |
105 452 |
77 203 |
2 |
3 616 450 |
280 872 |
234 344 |
6 |
5 791 515 |
(1 122 188) |
(1 249 845) |
(14) |
3 814 786 |
|
|
Other (including inter-segment elimination) |
103 |
104 |
5 991 |
6 511 |
(1) |
(221 819) |
(192 381) |
(185 473) |
39 |
(366 754) |
590 287 |
603 898 |
(34) |
(200 355) |
|
|
Total |
26 |
71 |
111 443 |
83 714 |
2 |
3 394 631 |
88 491 |
48 871 |
1 |
5 424 761 |
(531 901) |
(645 947) |
(9) |
3 614 431 |
|
| * | The Total assets exclude the Assets Held for Sale. |
| The prior period has been re-presented to enhance disclosure for the segments. |
|
Composition of operating profit – % contribution |
Operating profit June 2026 % |
Operating profit June 2025 % |
Operating profit December 2025 % |
Operating profit June 2026 R’000 |
Operating profit June 2025 R’000 |
Operating profit December 2025 R’000 |
|
Total SA Administration business |
62 |
75 |
72 |
174 318 |
231 399 |
485 273 |
|
Healthcare Africa |
17 |
14 |
13 |
47 408 |
42 707 |
91 592 |
|
Healthcare Retail |
21 |
11 |
15 |
60 432 |
35 066 |
101 918 |
|
100 |
100 |
100 |
282 158 |
309 172 |
678 783 |