Spar shares rise most since listing on revenue growth
Hike comes despite retailer’s full-year profit after tax dropping 9.6%
18 November 2020 - 22:26
Shares in Spar had their biggest one-day gain since the retailer listed on the JSE in 2004, as the grocer reported healthy revenue growth in its local, Swiss and Irish businesses.
Its share price rose 13.28% on Wednesday to close at R205.21, a level last seen in December 2019...
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