Sensiblu sees 80% higher sales

A&D Pharma Group has posted total sales of 191 million euros for 2004, up around 80% on the previous year due to the expansion of their product portfolio and the investment programme started early last year. A&D Pharma Group comprises the Sensiblu drugstore chain, the largest drugstore chain in the country, and drug distributor Mediplus. Mediplus generated turnover of 141 million euros in 2004, while Sensiblu’s sales reached around 50 million euros. Both companies achieved 80% growth on the previous year. The total turnover of the group also includes Mediplus’ sales to Sensiblu. “Mediplus had a consolidated market share of 16% on the drug distribution market and around 19% on the segment for distribution to drugstores open to the public,” said Dragos Dinu, A&D Pharma Group CEO. Mediplus’ 2005 investment plan includes construction of a new semi-automated logistics centre in Bucharest that will cover 20,000 square meters and cost some 9 million euros. ZF