Page 198 - Profile's Stock Exchange Handbook - 2025 Issue 1

JSE – SPA Profile’s Stock Exchange Handbook: 2025 – Issue 1
RATIOS
The SPAR Group Ltd. Ret on SH Fnd 3.39 4.33 22.18 26.36 24.79
Ret On Tot Ass 4.15 3.44 6.16 6.68 6.50
SPA
Oper Pft Mgn 1.90 1.72 2.53 2.65 2.77
D:E 2.23 2.51 2.44 2.80 2.70
Int Cover 3.70 3.75 8.88 9.34 7.83
Current Ratio 0.90 0.94 0.99 1.02 0.97
Div Cover - - 2.80 1.44 1.25
NUMBER OF EMPLOYEES: 10 512
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP DIRECTORS: Botha E C (ind ne),
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 Bosman M J (Chair, ind ne),
Swartz A P (Group CEO), Godfrey M
NATURE OF BUSINESS: W (Group CFO), Pydigadu M (COO), Zinn S
SPAR is a warehousing and wholesale distribution business, A(DepChair, ind ne), da Silva P M P (ind ne),
supplying goods and services to independently owned Ighodaro O (ind ne), Jamieson M J (ind ne),
Koyana L M (ind ne), NaranST(ind ne)
retailers, trading predominantly under the SPAR retail brand. POPULAR BRAND NAMES: S Buys Pharmacy,
Part of a global organisation, The SPAR Group Ltd is the only Scan the QR code to SPAR, SUPERSPAR, KWIKSPAR, SPAR Express,
SPAR listed entity and is the registered licensee of the SPAR visit our website TOPS at SPAR, Pharmacy at SPAR, TopCC,
brand in parts of Southern Africa including South Africa, as SaveMor, Build it, Spar Encore, MACE, XL, Value
wellasSwitzerland,IrelandandPoland.Thenatureoftherela- Centre, Londis, Maxi
tionship between the company and independently owned POSTAL ADDRESS: PO Box 1589, Pinetown, 3600
stores is one of joint co-operation for the benefit of the EMAIL: Neill.OBrien@spar.co.za
members of this association. SPAR’s primary revenue stream WEBSITE: thespargroup.com
TELEPHONE: 031-719-1900
is derived from the provision of goods and services to its COMPANY SECRETARY: Neill O’Brien (interim)
member stores. The financial performance of independent TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
retailers does not form part of the company’s financial results. SPONSOR: One Capital
SPAR operates under a ‘voluntary trading model’ whereby AUDITORS: PwC Inc.
retailers may also source goods from local traders, thereby BANKERS: Rand Merchant Bank Ltd.
supporting their local communities.
In South Africa, SPAR’s brands include SUPERSPAR, SPAR, CALENDAR Expected Status
KWIKSPAR, SPAR Express (groceries), TOPS at SPAR Annual General Meeting 28 Feb 2025 Confirmed
(liquor), SaveMor, Build it (building materials), Pharmacy at Next Interim Results Jun 2025 Unconfirmed
SPAR and SPAR Encore (private label procurement). In Ireland Next Final Results Nov 2025 Unconfirmed
(and South West England) its brands include SPAR, Eurospar,
MACE, XL, Londis and VALUE CENTRE. In Switzerland, its CAPITAL STRUCTURE AUTHORISED ISSUED
brands include SPAR, SPAR Express, MAXI and TopCC. In SPP Ords of 0.06c ea 250 000 000 192 602 355
Poland, the brands include SPAR, SPAR Express and TOPS at DISTRIBUTIONS [ZARc]
SPAR. The group has a joint venture operation in Sri Lanka. Ords of 0.06c ea Ldt Pay Amt
SPAR is part of the SPAR international organisation (with Final No 36 6 Dec 22 12 Dec 22 225.00
4 Jul 22
presence in 48 countries), the world’s leading voluntary food Interim No 35 28 Jun 22 13 Dec 21 175.00
Final No 34
536.00
7 Dec 21
retail chain and the biggest independent supermarket retail Interim No 33 8 Jun 21 14 Jun 21 280.00
network in the world. This global brand, prides itself on sup-
porting independent retailers, working in partnership to LIQUIDITY: Dec24 Avg 4m shares p.w., R413.3m(97.3% p.a.)
provide a high quality, value for money shopping experience FOOR 40 Week MA SPAR
for the communities it serves. 30209
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food 25899
MAJOR ORDINARY SHAREHOLDERS as at 01 Oct 2024
Government Employees Pension Fund 22.89% 21589
Allan Gray 7.83%
M&G Investments 6.68% 17279
FINANCIAL STATISTICS
(R million) Sep 24 Sep 23 Sep 22 Sep 21 Sep 20 12969
Final Final Final Final Final
8659
Turnover 152 338 146 461 135 609 127 941 124 277 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Op Inc 2 896 2 517 3 429 3 393 3 443
NetIntPd(Rcvd) 783 668 385 362 404 Recent Announcements
Tax 469 465 822 809 740 Spar final results September 2024 - Thursday, 28 November 2024:
Minority Int - 41 68 - 57 - 119 Continuing operations
Att Inc 352 401 2 152 2 266 2 075 Revenueforthe period ended onR152.3 billion(R146.5 billion)
TotCompIncLoss 158 1 028 3 069 2 444 2 433 with gross profit increasing to R18.2 billion (R17.4 billion).
Hline Erngs-CO 1 768 1 589 2 233 2 304 2 184 OperatingprofitinclinedtoR2.9billion(R2.5billion)andprofit
Fixed Ass 9 603 10 378 8 997 8 193 8 725 after taxation for the year attributable to owners ended higher
Inv in Assoc 159 150 131 95 103 on R1.6 billion (R1.3 billion). Additionally, headline earnings
Inv & Loans 791 826 777 700 795 per share jumped to 917.9c per share (826c per share).
Def Tax Asset 133 219 254 228 223
Tot Curr Ass 26 583 28 295 25 963 23 618 24 324
Ord SH Int 10 374 10 215 9 782 8 202 7 960
Minority Int - 7 227 178 - 70
LT Liab 17 836 21 532 20 792 20 571 19 694
Tot Curr Liab 29 685 30 071 26 317 23 117 25 155
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 182.70 208.60 1 118.20 1 176.30 1 078.70
HEPS-C (ZARc) 917.90 826.00 1 160.50 1 196.20 1 135.30
Pct chng p.a. 11.1 - 28.8 - 3.0 5.4 0.5
Tr 5yr av grwth % - 3.0 - 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 % - 29.7 - 27.8 - 6.2 4.3 6.5
NAV PS (ZARc) 5 386.07 5 303.73 5 201.00 4 350.50 4 102.20
3 Yr Beta 0.58 0.49 0.10 0.08 0.07
Price High 14 064 16 651 20 323 21 347 21 622
Price Low 8 558 8 945 12 909 17 111 14 225
Price Prd End 13 554 11 628 14 336 19 642 18 965
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