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Strong Switzerland, Ireland sales lift Sparâs earnings
CEO Brett Botten discusses company showings across geographies, coping with lockdowns, the cigarette and liquor bans, even toilet paper scarcity â and the probable effect on current numbers. 20:00
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NOMPU SIZIBA: Grocery retailer Spar has released half-year results. For the six months ended March, 2021, the company reported that group turnover came in at R64.2 billion, a 7.5% improvement on the year prior. Operating profit jumped by 28.1% to R1.7 billion, while normalised diluted headline earnings per share came in at 608.3 cents. Shareholders are set to get an interim dividend of 280 cents a share; that’s up 40% on the year prior.