RESTAURANTS
How Spur got back in the saddle
Spur’s sales are back at pre-Covid levels, while a tasty cash pile seems to give the restaurant chain plenty of options
25 August 2022 - 05:00
Val Nichas has shepherded Spur’s sales back to pre-Covid levels in her first year as CEO. But the market hardly seemed wowed by the group’s results to end-June, despite a 32% jump in revenue to R2.4bn.
In the year to date the share has remained stubbornly fixed at about R22, despite a remarkable post-Covid recovery, not to mention the growing pile of cash...
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