Sigma and CWG Merger Risks and Management Overview
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The Retail Network has Grown Significantly Over the Last 20
Years
Total Network Sales have increased by 50x and the number of Retail Network stores by 10x since 2004²
Retail Network evolution (no. of stores) 2,3
Total Network Sales evolution ($m) 1,2
10-yr CAGR:
14%
5-yr CAGR:
10%
6,825
5,756 5,893
5,355
4,857
4,388
3,825
3,133
2,542
2,183
1,847
1,518
1,231
951
701
511
362
158 238
7,888
92
78
58
108
147
10-yr avg. new
stores p.a.:
31
5-yr avg. new
stores p.a.:
31
603
573
546
510
476
446
412
369
341
319
297
266
231
198
169
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
17
Notes:
1.
-23
2.
3.
Total Network Sales includes a combination of the Retail Network's in-store and CWG's online sales. Australian Network Sales and New Zealand Network Sales are not consolidated into CWG revenue
Based on CWG management information
The "Retail Network" includes a combination of franchised stores in Australia, wholly and part owned stores across New Zealand, China and Ireland. All Chemist Warehouse and My Chemist pharmacies are franchised in AustraliaView entire presentation