Back to top
SEARCH PSG

To search, just start typing...

SEARCH RESULTS

LOGIN

Please select which division you would like to log in to.


Trade Idea: SPAR

0 shares 0 likes

Trade Idea: SPAR

Spar results for the year under review were modest, with turnover increasing by 5.3% and profit before tax by only 1.0%.
These results reflect the weak state of consumer buying power and confidence, which has been exacerbated by retrenchments, political uncertainty and climatic challenges in South Africa. Increased price competition among retailers is evident.
Despite these challenges, the group is encouraged by the strong performances from its business in Ireland and the early positive signs of the turnaround in Switzerland.

Click here to download the presentation slides as a PDF.

Presented by equity analyst, Bianca Haywood.
Copyright © PSG Konsult Ltd (1998-2019), All Rights Reserved. FAIS affiliates of the PSG Konsult Group are authorised financial services providers.