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AAP
AAP
Derek Rose

Chemist Warehouse owner says merger paying dividends

Sigma Healthcare is forecasting more savings than expected from its merger with Chemist Warehouse. (Bianca De Marchi/AAP PHOTOS)

Sigma Healthcare says its merger with Chemist Warehouse will enable it to cut $40 million more in annual expenditures than previously anticipated.

In delivering its first set of financial results since the reverse takeover was finalised in February, the pharmacy and wholesale distributor said it made a full-year net profit after tax of $579.1 million, down 2.1 per cent from a year ago. 

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