News Leader
WATCH: Spar’s plans to expand in Europe are progressing
Spar CEO Graham O'Connor discusses the group's interim financial performance
15 May 2019 - 17:02
Retailer Spar released its interim results on Thursday, reporting a revenue increase of 9%. Group turnover is up by a similar margin at 8.6%. Turnover from its biggest market, Southern African grew 7.7%, despite weak consumer spending and low inflation levels. The group is expanding its international footprint in Poland, where it is in advanced talks to acquire a controlling stake in a deli and supermarket chain. Spar CEO Graham O'Connor talks to Business Day TV about the group's interim financial performance.
Or listen to the full audio:
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now