Adcock Ingram Holdings Limited. JSE: AIP

Adcock Ingram shares

Background of ADCOCK

  • Adcock Ingram is a leading South African pharmaceutical manufacturer, with Adcock Ingram shares available to buy on the Johannesburg Stock Exchange (JSE). With a history stretching back more than 125 years ago, trading as EJ Adcock Pharmacy, today the group boasts a massive market capitalisation of about R9 billion. Adcock Ingram manufactures, markets and distributes a wide portfolio of healthcare products, for sale to both the private and public sectors of the market in South Africa and overseas.
  • Adcock Ingram is a level 3 B-BBEE contributor. Services and products have spread to upcoming markets in sub-Saharan Africa and India. The company is has four commercial divisions: Consumer, OTC, Prescription and Critical Care. After briefly delisting from the JSE, in August 2008, Adcock shares were relisted on the bourse, with 172.6 million shares for sale to raise capital.

Adcock Shares Growth Driver

  • In order to reverse a steadily declining Adcock share price, the group has recently rolled out astute changes to its internal structures and processes. This was primarily done in order to create more defined and decentralised business units. These vast changes created autonomous operating divisions with separate focused strategies to best manage the challenges and opportunities in each of the Adcock Ingram businesses, while at the same time, facilitating full accountability in each case.
  • After a remedial period of two years, the groups latest annual financial data showed that trading profit increased by 16.9% to R606 million, with headline earnings per share increasing by 20% and dividends increasing to 54 cents per share. This solid performance was attributed to volume increases, an improved sales mix, better production throughput and improved factory efficiencies, while operating expenses were well controlled. This was partially offset by the discontinuation of some underperforming product lines and adverse exchange rates. Meanwhile, the group’s international expansion programme has stalled, with controlling interests in Ghanaian and Indian businesses now assets held for sale. Enterprises in Zimbabwe and Kenya have also underperformed, incurring trading losses and weighing on Adcock share price.

Adcock Investor Tip

  • The live online stocks chart shows that Adcock shares have declined drastically on the JSE, with analysts not recommending that investors buy the shares today. The
    company’s latest financial results have however shown improvements, but Adcock is still heavily in debt, while worsening exchange rates and a slowdown in international operations have compounded the situation. Shareholders will gain solace from the fact that Adcock is a large and established player within the pharmaceutical trade, an industry that is continuing to expand rapidly.
  • The successfully restructuring of the business should create a better platform for growth, but economic challenges have been forecast to have an effect on future sales volumes and profitability, which will further impact the confidence of investors deciding whether to buy Adcock shares.

Adcock Major Shareholders

BB Investment Company, Public Investment Corporation, Blue Falcon 69 Trading
  • Sector

    Health Care

  • Industry

    Biotech & Pharma

  • Sub industry

    Generic Pharma

How to buy ADCOCK Shares

  • ADCOCK : How to buy ADCOCK Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy ADCOCK shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in ADCOCK and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase ADCOCK shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in ADOCK.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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