Redcare Pharmacy publishes transcript of Q2 2026 earnings call

PUBT · 1d ago
Redcare Pharmacy publishes transcript of Q2 2026 earnings call
  • Redcare Pharmacy released a transcript of its Q2 2026 earnings call attended by analysts and investors, led by Olaf Heinrich and Hendrik Krampe.
  • Raised 2026 guidance: total revenue growth 15%-17%, Germany Rx revenue EUR 680 million-EUR 720 million, non-Rx growth 10%-12%, adjusted EBITDA margin 2.5%-3%.
  • Q2 revenue rose 20% year-over-year; adjusted EBITDA margin reached 3.5%, the highest level in 10 years; H1 EBIT turned positive at EUR 9 million.
  • Germany Rx revenue increased 58% year-over-year; Rx average basket value rose 14%; Germany Rx active customers reached 1,740,000; marketing spend targeted at about 5% of revenue.
  • Management flagged softer July trading with group growth slightly below 20% and single-digit non-Rx growth in Germany; signature-on-delivery for prescriptions seen costing under EUR 1 million annually.


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