Restaurant group Spur, the owner of RocoMamas, the Hussar Grill and John Dory’s, says it continues to see a steady recovery from Covid-19 restrictions at its restaurants and expects earnings to more than double in its half-year to end-December.

Headline earnings per share (Heps) is expected to rise by 117%-122% in the six months to end-December, Spur said in an update on Monday, with franchised restaurant sales growing 28.3% year on year, though this is still 9.5% below pre-pandemic levels...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.