Spur posts a hearty set of results
Load-shedding encourages consumers to buy takeaways or eat out, but household spending is taking strain
22 August 2023 - 11:37
UPDATED 22 August 2023 - 19:25
The Spur group saw a hefty increase of 81% in headline earnings per share (HEPS), double-digit revenue growth and much improvement in its Panarottis pizza and pasta brand after a redesign.
The share price closed 3.7% higher at R28 after the release of the annual results to end-June. It was up as much as 11% at one stage, and has gained 27% so far this year...
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