Page 197 - Profile's Stock Exchange Handbook -2024 Issue 4

Profile’s Stock Exchange Handbook: 2024 – Issue 4 JSE – SPA
Price Low 8 558 8 945 12 909 17 111 14 225
The SPAR Group Ltd. Price Prd End 8 844 11 628 14 336 19 642 18 965
RATIOS
SPA
Ret on SH Fnd 1.11 4.33 22.18 26.36 24.79
Ret On Tot Ass 4.30 3.45 6.16 6.68 6.50
Oper Pft Mgn 2.04 1.72 2.53 2.65 2.77
D:E 2.49 2.49 2.44 2.80 2.70
Int Cover 3.67 3.75 8.88 9.34 7.83
Current Ratio 0.90 0.94 0.99 1.02 0.97
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP Div Cover - - 2.80 1.44 1.25
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 NUMBER OF EMPLOYEES: 10 281
DIRECTORS: Botha E C (ind ne),
NATURE OF BUSINESS: Bosman M J (Chair, ind ne),
SPAR is a warehousing and wholesale distribution business, Swartz A P (Group CEO),
supplying goods and services to independently owned Godfrey M W (Group CFO), Pydigadu M (COO),
Zinn S A (Dep Chair, ind ne),
retailers, trading predominantly under the SPAR retail brand. da Silva P M P (ind ne), Ighodaro O (ind ne),
Part of a global organisation, The SPAR Group Ltd is the only Jamieson M J (ind ne), Koyana L M (ind ne),
SPAR listed entity and is the registered licensee of the SPAR NaranST(ind ne), Makhaya G B (ind ne)
brand in parts of Southern Africa including South Africa, as Scan the QR code to POPULAR BRAND NAMES: S Buys Pharmacy,
wellasSwitzerland,IrelandandPoland.The natureoftherela- visit our website SPAR, SUPERSPAR, KWIKSPAR, SPAR Express,
TOPS at SPAR, Pharmacy at SPAR, TopCC,
tionship between the company and independently owned SaveMor, Build it, Spar Encore, MACE, XL, Value Centre, Londis, Maxi
stores is one of joint co-operation for the benefit of the POSTAL ADDRESS: PO Box 1589, Pinetown, 3600
members of this association. SPAR’s primary revenue stream EMAIL: neill.obrien@spar.co.za
is derived from the provision of goods and services to its WEBSITE: thespargroup.com
member stores. The financial performance of independent TELEPHONE: 031-719-1900
retailers does not form part of the company’s financial results. COMPANY SECRETARY: Neill O’Brien (interim)
SPAR operates under a ‘voluntary trading model’ whereby TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
retailers may also source goods from local traders, thereby SPONSOR: One Capital
supporting their local communities. AUDITORS: PwC Inc.
BANKERS: Rand Merchant Bank Ltd.
In South Africa, SPAR’s brands include SUPERSPAR, SPAR,
KWIKSPAR, SPAR Express (groceries), TOPS at SPAR CALENDAR Expected Status
(liquor), SaveMor, Build it (building materials), Pharmacy at Next Final Results Nov 2024 Unconfirmed
SPAR and SPAR Encore (private label procurement). In Ireland Annual General Meeting Feb 2025 Unconfirmed
(and South West England) its brands include SPAR, Eurospar, Next Interim Results Jun 2025 Unconfirmed
MACE, XL, Londis and VALUE CENTRE. In Switzerland, its
brands include SPAR, SPAR Express, MAXI and TopCC. In CAPITAL STRUCTURE AUTHORISED ISSUED
Poland, the brands include SPAR, SPAR Express and TOPS at SPP Ords of 0.06c ea 250 000 000 192 602 355
SPAR. The group has a joint venture operation in Sri Lanka. DISTRIBUTIONS [ZARc]
SPAR is part of the SPAR international organisation (with Ords of 0.06c ea Ldt Pay Amt
presence in 48 countries), the world’s leading voluntary food Final No 36 6 Dec 22 12 Dec 22 225.00
retail chain and the biggest independent supermarket retail Interim No 35 28 Jun 22 4 Jul 22 175.00
network in the world. This global brand, prides itself on sup- Final No 34 7 Dec 21 13 Dec 21 536.00
porting independent retailers, working in partnership to Interim No 33 8 Jun 21 14 Jun 21 280.00
provide a high quality, value for money shopping experience LIQUIDITY: Sep24 Avg 4m shares p.w., R389.6m(95.9% p.a.)
for the communities it serves.
FOOR 40 Week MA SPAR
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food 29531
MAJOR ORDINARY SHAREHOLDERS as at 01 Oct 2024
Public Investment Corporation (SOC) Ltd. 17.06% 25356
M&G Investments 13.36%
Allan Gray 11.31% 21182
FINANCIAL STATISTICS
(R million) Mar 24 Sep 23 Sep 22 Sep 21 Sep 20 17008
Interim Final Final Final Final
12833
Turnover 77 161 146 461 135 609 127 941 124 277
Op Inc 1 572 2 517 3 429 3 393 3 443 8659
NetIntPd(Rcvd) 429 668 385 362 404 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Tax 276 465 822 809 740 Recent Announcements
Minority Int - 41 68 - 57 - 119
Att Inc 57 401 2 152 2 266 2 075 Wednesday, 04 September 2024: Shareholders were advised that the
TotCompIncLoss 42 1 028 3 069 2 444 2 433 Company entered into a sale and purchase agreement with
Hline Erngs-CO 896 1 589 2 233 2 304 2 184 Przedsiebiorstwo Produkcyjno Handlowo Uslugowe Specjal
Fixed Ass 10 164 10 378 8 997 8 193 8 725 Spólka z o.o. in terms of which SPAR will dispose of its entire
Inv in Assoc 154 150 131 95 103 shareholding in New Polish Investments Spólka z o.o. (“SPAR
Inv & Loans 683 826 777 700 795 Poland”), (“Disposal”).
Def Tax Asset 194 219 254 228 223
Tot Curr Ass 27 783 28 208 25 963 23 618 24 324
Ord SH Int 10 240 10 215 9 782 8 202 7 960
Minority Int - 7 227 178 - 70
LT Liab 19 053 21 396 20 792 20 571 19 694
Tot Curr Liab 31 020 29 978 26 317 23 117 25 155
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 29.50 208.60 1 118.20 1 176.30 1 078.70
HEPS-C (ZARc) 465.00 826.00 1 160.50 1 196.20 1 135.30
Pct chng p.a. 12.6 - 28.8 - 3.0 5.4 0.5
Tr 5yr av grwth % - - 1.8 4.2 3.5 6.9
DPS (ZARc) - - 400.00 816.00 865.00
Pct chng p.a. - - 100.0 - 51.0 - 5.7 8.1
Tr 5yr av grwth % - - 27.8 - 6.2 4.3 6.5
NAV PS (ZARc) 5 317.10 5 313.20 5 201.00 4 350.50 4 102.20
3 Yr Beta 0.41 0.49 0.10 0.08 0.07
Price High 12 235 16 651 20 323 21 347 21 622
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