Blooms the Chemist

Investment Highlights

Company Overview

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  Industry valued at over A$21B annually

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  Pharmacy industry with stable revenue predictability

Blooms The Chemist Group licenses and provides services to independently owned Blooms The Chemist network pharmacies (Blooms).

Background

The pharmacy industry plays an essential role in the delivery of primary healthcare in Australia. Generating approximately A$19.9B in revenue, the industry consists of around 5,800 pharmacies across the nation.

Growth in pharmacy numbers is expected to reach 6,099 by the financial year 2024/25, with a revenue of A$21.8B. The pharmacy industry is a mature industry with low revenue unpredictability.

Blooms The Chemist is an Australian network of community pharmacies with over 100 stores operating across five states.

Blooms The Chemist’s senior management team, led by CEO and Managing Director Phillip Smith, has consistently delivered excellent financial results and dividend returns.

 

Products & Services

Blooms The Chemist Pharmacies

Operates in the Australian pharmacy industry under its registered trademarks including its “Blooms The Chemist”.

Private businesses can use their business model and marketing systems and engage the Company to provide operational support services to their business including:

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  On site operations & business development consulting

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  Information technology and communications consulting support

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  Human resources, payroll, finance & administration support

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  Marketing and promotional support

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  Merchandising support

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  Acquisition support in identifying pharmacies suitable for operation as a Blooms The Chemist Pharmac

Team

• Management
• Directors

• Phil Smith

  Chief Executive Officer

• Andrew Crawford

  Chief Financial Officer

• Pamela Bishop

  Chief Marketing Officer

• Eric Chan

  Head of Pharmacy and Ethical Buyer

• Martin Olds

  Chief Information Officer

• Emmanuel Vavoulas

  Head of Retail

• Andrew Crawford

  Company Secretary

• Dianne Hamilton

  Company Secretary

• John Thorne

  Chairman

• Phil Smith

  Chief Executive Officer

• Peter Green

  Director

• Gary Kent

  Director

• Patrick Matthews

  Director

• David Ratcliffe

  Director

• Sally Whiting

  Director