Page 198 - Profile's Stock Exchange Handbook - 2025 Issue 2

JSE – SPA Profile’s Stock Exchange Handbook: 2025 – Issue 2
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: 11 191
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP DIRECTORS: BothaEC(ind ne),
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 Isaacs M R (Group CFO),
Bosman M J (Chair, ind ne),
NATURE OF BUSINESS: Swartz A P (Group CEO), Pydigadu M (COO),
SPAR is a warehousing and wholesale distribution business, Zinn S A (Dep Chair, ind ne), da Silva
supplying goods and services to independently owned retailers, PMP(ind ne), Ighodaro O (ind ne), Jamieson M
trading predominantly under the SPAR retail brand. Part of a J(ind ne), KoyanaLM(ind ne),
NaranST(ind ne)
globalorganisation,TheSPARGroupLtdistheonlySPARlisted Scan the QR code to POPULAR BRAND NAMES: S Buys Pharmacy,
entity and is the registered licensee of the SPAR brand in parts of visit our website SPAR, SUPERSPAR, KWIKSPAR, SPAR Express,
Southern Africa including South Africa, as well as Switzerland, TOPS at SPAR, Pharmacy at SPAR, TopCC,
Ireland and South-West England. The nature of the relationship SaveMor, Build it, Spar Encore, MACE, XL, Value Centre, Londis, Maxi
between the company and independently owned stores is one of EMAIL: Neill.OBrien@spar.co.za
joint co-operation for the benefit of the members of this associa- WEBSITE: thespargroup.com
tion. SPAR’s primary revenue stream is derived from the TELEPHONE: 031-002-6165
provision of goods and services to its member stores. The COMPANY SECRETARY: Neill O’Brien (interim)
financial performance of independent retailers does not form TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
SPONSOR: One Capital
part of the company’s financial results. SPAR operates under a
‘voluntary trading model’ whereby retailers may also source AUDITORS: PwC Inc.
BANKERS: Rand Merchant Bank Ltd.
goods from local traders, thereby supporting their local commu-
nities. CALENDAR Expected Status
In South Africa, SPAR’s brands include SUPERSPAR, SPAR, Next Interim Results 4 Jun 2025 Confirmed
KWIKSPAR, SPAR Express (groceries), TOPS at SPAR (liquor), Next Final Results Nov 2025 Unconfirmed
SaveMor, Build it (building materials), Pharmacy at SPAR and
SPAR Encore (private label procurement). In Ireland (and South Annual General Meeting Feb 2026 Unconfirmed
West England) its brands include SPAR, Eurospar, MACE, XL,
Londis and VALUE CENTRE. In Switzerland, its brands include CAPITAL STRUCTURE AUTHORISED ISSUED
SPAR, SPAR Express, MAXI and TopCC. The group has a joint SPP Ords of 0.06c ea 250 000 000 192 602 355
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
networkintheworld.Thisglobalbrand,pridesitselfonsupport- Final No 34 7 Dec 21 13 Dec 21 536.00
Interim No 33
14 Jun 21
280.00
8 Jun 21
ing independent retailers, working in partnership to provide a
high quality, value for money shopping experience for the LIQUIDITY: Mar25 Avg 4m shares p.w., R445.7m(97.3% p.a.)
communities it serves. FOOR 40 Week MA SPAR
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food 28994
MAJOR ORDINARY SHAREHOLDERS as at 11 Feb 2025
Government Employees Pension Fund 22.89% 24927
Coronation Asset Management (Pty) Ltd. 10.17%
Allan Gray 7.83% 20860
FINANCIAL STATISTICS 16793
(R million) Sep 24 Sep 23 Sep 22 Sep 21 Sep 20
Final Final Final Final Final 12726
Turnover 152 338 146 461 135 609 127 941 124 277
Op Inc 2 896 2 517 3 429 3 393 3 443 8659
NetIntPd(Rcvd) 783 668 385 362 404 2020 | 2021 | 2022 | 2023 | 2024 |
Tax 469 465 822 809 740 Recent Announcements
Minority Int - 41 68 - 57 - 119 Tuesday, 11March2025: Shareholders were notifiedthat SPARwill
Att Inc 352 401 2 152 2 266 2 075
TotCompIncLoss 158 1 028 3 069 2 444 2 433 behostingaCapitalMarketsDayonWednesday,12March2025
Hline Erngs-CO 1 768 1 589 2 233 2 304 2 184 at 09h00 (SAST). The Capital Markets Day will be followed by
Fixed Ass 9 603 10 378 8 997 8 193 8 725 store visits in Durban on Thursday, 13 March 2025 and in Cape
Inv in Assoc 159 150 131 95 103 Town on Friday, 14 March 2025.
Inv & Loans 791 826 777 700 795
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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