Centrofarm sees 76% rise, to 20m euros

Drugstore network Centrofarm, one of the main players in pharmaceutical retail, posted sales worth over 70 million RON (around 20 million euros) in the first 9 months of the year, 76% higher than in the same time last year. “We achieved 99.44% of our initial forecast. During this period, the average value per receipt went up 26%, while the number of receipts rose 40%,” said Dorin Catana, Centrofarm’s general manager. In the first nine months of this year, sales per square metre rose by around 21% against the same time in 2007. In the third quarter of 2008, sales of the drugstore network surpassed 23 million RON (6.3 million euros), 50% higher than results posted the same time in 2007. Centrofarm intends to open 12 drugstores by the end of the year, which will bring the network to 62 stores.