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Spar H1 earnings boosted by European operations

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Retailer & wholesaler, Spar released its interim results today reporting a 13.8% increase in headline earnings per share boosted by strong contributions from its European operations and a turnaround in its Switzerland division. Revenue is up 5.3%, group turnover is up 5%, the interim dividend is up 12.5% to R2.70 and the group plans to expand in Sri Lanka to counter fuel price hikes and currency weakness in the domestic market. Graham O'Connor, CEO of Spar spoke to Business Day TV for a closer look at the numbers.
30 May 2018 12PM English South Africa Business · Business News

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