Sigma Healthcare Limited (ASX: SIG) has announced that a new first-line agreement has been reached with the My Chemist/Chemist Warehouse Group (MC/CW Group) for the supply of FMCG products and it is effective from 1 December 2019, with the gradual build-up of supply expected to reach a full run rate by July 2020.
- The arrangements secure the first-line supply contract for 4.5 years, with sales in the first full year of operations of ~$700-800 million;
- Other terms of the agreement remain commercial in confidence.
At AEST 01:15PM, the stock was trading at $0.712 per share, up by 7.06% from its previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.