Pharmacy under pressure

The decline in community pharmacy sales performance is part of a suite of hits the sector is suffering as it seeks to maintain profitability.

Findings published in the latest Pharmacy Guild of Australia digest show that, compared with the previous year, the 2013–2014 results show a downward trend in overall sales by 1.79%, with gross margin down by 0.9%.

The data in the 2015 Guild Digest, based on a snapshot of 436 pharmacies, reveal that when combined with an increase in operating costs, EBITDA (used as proxy for cash trading) reduced by 18.5% on the