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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.
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