FINANCE

2020 First Half Results

Information Meeting of 28 September 2020

Contents

  1. Introduction Thierry CHAPUSOT
  2. Focus: the Health and Social Care Facilities (HSCF) Solutions Division Thierry CHAPUSOT
  3. H1 2020 results

Jean-Yves SAMSON

  1. Business developments & outlook Dominique PAUTRAT
  2. Conclusion

Thierry CHAPUSOT

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H1 2020 RESULTS - 28 September 2020

Major strengths mitigating the health crisis' impact

  • Financial strength:
    • A high level for recurrent revenue (66%) and the gross margin (68%).
    • An excellent balance sheet structure (gross cash of €97.59m at 30/06/2020).
    • A very diverse portfolio of health-related activities.
  • Optimised management:
    • Staff costs: taking vacation days and other form of leave available to remain as operational as possible during the reopening face.
    • General expenses: cancellation of events, postponement of advertising campaigns, reducing activities and travel.
    • Inventory management: anticipating procurement needs.
  • Reinforcing IT procedures for ensuring business continuity:
    • Secure remote access procedures.
    • Implementing solutions for virtual meetings.
    • Maintaining the level of support services for Pharmagest Group customers.

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H1 2020 RESULTS - 28 September 2020

Employees: "Citizens in the Service of Health and Well-Being"

Teams fully focused during the lockdown on ensuring their vital mission supporting health professionals:

  • PHARMAGEST: maintaining support to pharmacies, installing plexiglass barriers in pharmacies, an offering for pharmacies for communicating with their patients.
  • MALTA, DICSIT and AXIGATE: Special Covid-19 modules for managing public hospital ICU beds, implementing solutions for remote medical consultations and maintaining social ties at senior homes.

An approach shared by all subsidiaries of the parent company, La Coopérative WELCOOP.

Since the reopening, the upturn in business has been accelerating:

  • Commercial teams deployed in the field to support customers and patients and also installers, technicians and instructors.
  • For the remaining teams, applying the key principles of safety for a quick return to worksites to rapidly resume a collective and collaborative working organisation.

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H1 2020 RESULTS - 28 September 2020

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Pharmagest Interactive SA published this content on 28 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2020 15:54:08 UTC