Adcock Unhappy With Single Exit Price But Scoops ZAR1.8bn From ARV Tender

Growing its portfolio of established brands and expanding its product range through the acquisition of non-regulated brands are at the top of Adcock Ingram’s wish-list in 2019, as the company grapples with what it feels is a “low” increase in South Africa’s single exit price and tough trading conditions in certain channels. Nevertheless, it saw a “sound” financial performance in the six months to 31 December 2018.