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JSE-listed supermarket giant declares interim dividend out of income reserves despite ongoing Covid-19 uncertainty 14:48
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One of Spar Group s Superspar retail franchise stores in South Africa. Image: Suren Naidoo, Moneyweb
The Spar Group, which owns grocery and wholesale businesses in South Africa, several African countries and in the European nations of Switzerland, Ireland and Poland, posted a positive set of interim results for the half-year ending March 31, 2021 on Tuesday, increasing group turnover by 7.5% to R64.2 billion and normalised diluted headlines earnings per share (Heps) by 34.4% to 608.3 cents.
However, the growth was largely driven by its operations in Switzerland and Ireland, instead of its significantly larger operations in Southern Africa (including SA).
SPAR Schweiz fährt neu mit grünem Wasserstoff finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.