LOCAL BRANCH

Glenorchy

Business Summary
Sigma Is a Leading Australian Full Line Pharmacy Wholesale and Distribution Business.
About Us

Our Vision

The preferred partner of choice for connectinghealth solutions.

Our Mission

From modest beginnings in Melbourne in 1912, the company has grown into a vibrant, nationwide network servicing community and hospital pharmacy. We are proud of our role in helping to make pharmacy services and medicines accessible for all Australians.

We are here to serve our communities by:

  • Fulfilling our responsibilities to ensure Australians have access to the full range of PBS medicines, via community pharmacies and hospital pharmacies, regardless of where they live, and usually within 24 hours.
  • Collaborating with our customers and suppliers to continuously pursue and implement value-added, cost-effective wholesaling and distribution solutions
  • Supporting pharmacists to be innovative,professional service providers in our communities; to help shape the future of delivering pharmacy care in Australia
  • Providing sustainable returns for our investors and continuously creating value in the business
  • Providing support for a range of community not-for-profit organisations that are aligned with our values.
What We Do

Our Services

With a background in dispensary excellence and a heritage that spans over 100 years, we have invested significantly in building tailored offers to help maximise your retail opportunity.

FAQs
Who do I contact to change my shareholder details?
Link Market Services manages all shareholder details on behalf of Sigma. You can manage and update your own share registry details online by visiting the Link Market Services Investor Centre (www.linkmarketservices.com.au) follow the link from our web site, or contact Link directly.
What is the ASX code used by Sigma?
Sigma is listed on the Australian Securities Exchange (ASX) under the ticket SIP, having previously traded under SIG up until 2006. Sigma has operated since 1912, and first listed on the ASX in 1999. More details about Sigma’s long and proud history can be found on our web site under the History or Our Story pages.
Why does Sigma buy-back its own shares, and will the buyback program continue?
Sigma commenced a share buyback program in October 2012, and has bought back and cancelled almost 10% of our shares on issue. The buy-back reduces the number of shares on issue, meaning as profits grow it is shared across fewer shares. The Board considers this on a regular basis as part of our capital management program.
Does Sigma have capacity to take on debt to grow the business?
Sigma has a very strong balance sheet with little or no debt. This is after we have reinvested in the business, paid 33 cents in dividends to shareholders since 2010, and conducted a share buyback since October 2012 that has reduced the number of shares on issue by almost 10%. We continually assess opportunities to utilise our strong balance sheet to grow our business.
Why doesn’t Sigma just own the pharmacies rather than operate like a franchisor?
Current regulation in Australia requires that a pharmacy is owned by a pharmacist. This precludes Sigma from owning pharmacies. The scale delivered by being a brand owner provides us with capacity to invest in numerous programs and services to support the success of our branded pharmacy members, which in turn supports Sigma’s success.
What role does Sigma play in the retail pharmacy market?
Sigma has the largest footprint pharmacies in Australia with over 700 pharmacies operating under our brands Amcal, Guardian, Discount Drug Stores, PharmaSave and Chemist King. In addition, we provide significant support to a large contingent of independent pharmacies across Australia.