Page 189 - Profile's Stock Exchange Handbook - 2026 Issue 1
P. 189

Profile’s Stock Exchange Handbook: 2026 - Issue 1                         JSE - THE
                                                 RATIOS
                The SPAR Group Ltd.              Ret on SH Fnd  - 90.89  3.39  4.33  22.18  26.36
                                                 Ret On Tot Ass  3.26  4.11  3.46  6.16  6.68
                                                 Oper Pft Mgn   1.51  2.03  1.72  2.53  2.65
                                                 D:E            2.88  2.23  2.52  2.44  2.80
                                                 Int Cover      2.86  4.53  3.75  8.88  9.34
                                                 Current Ratio  0.99  0.89  0.94  0.99  1.02
                                                 Div Cover        -    -     -   2.80  1.44
       ISIN: ZAE000058517   SHORT: SPAR   CODE: SPP          NUMBER OF EMPLOYEES: 10 512
       REG NO: 1967/001572/06   FOUNDED: 1967   LISTED: 2004  DIRECTORS: Botha E C (ind ne), Isaacs M R
       NATURE OF BUSINESS:                                     (Group CFO), Bosman M J (Chair, ind ne),
                                                               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 P M P
       supplying  goods  and  services  to  independently  owned   (ind ne), Ighodaro O (ind ne), Jamieson M J
       retailers, trading predominantly under the SPAR retail brand.   (ind ne), Koyana L M (ind ne), Naran S T (ind ne)
       Part  of  a  global  organisation,  The  SPAR  Group  Ltd  is  the   POPULAR BRAND NAMES: S Buys Pharmacy,
       registered licensee of the SPAR brand in parts of Southern   SPAR, SUPERSPAR, KWIKSPAR, SPAR Express,
                                                               TOPS at SPAR, Pharmacy at SPAR, TopCC,
       Africa including South Africa and Ireland. The nature of the   Scan the QR code to   SaveMor, Build it, Spar Encore, MACE, XL,
                                                  visit our website
       relationship  between  the  company  and  independently   Value Centre, Londis, Maxi
       owned stores is one of joint co-operation for the benefit of   EMAIL: Maliga.chetty@spar.co.za
       the  members  of  this  association.  SPAR’s  primary  revenue   WEBSITE: thespargroup.com
       stream is derived from the provision of goods and services   TELEPHONE: 031-002-6165
       to  its  member  stores.  The  financial  performance  of   COMPANY SECRETARY: Maliga Chetty
       independent retailers does not form part of the company’s   TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
                                                 SPONSOR: One Capital
       financial  results.  SPAR  operates  under  a ‘voluntary  trading   AUDITORS: PwC Inc.
       model’ whereby retailers may also source goods from local   BANKERS: Rand Merchant Bank Ltd.
       traders, thereby supporting their local communities.   CALENDAR   Expected   Status
       In  South  Africa,  SPAR’s  brands  include  SUPERSPAR,  SPAR,   Annual General Meeting  4 Mar 2026  Confirmed
       KWIKSPAR, SPAR Express (groceries), TOPS at SPAR (liquor),   Next Interim Results  Jun 2026  Unconfirmed
       SaveMor, Build it (building materials), SPAR Health and SPAR   Next Final Results  Dec 2026  Unconfirmed
       Encore  (private  label  procurement).  In  Ireland  its  brands   CAPITAL STRUCTURE  Authorised  Issued
       include SPAR, Eurospar, MACE, XL, Londis and VALUE CENTRE.   SPP  Ords of 0.06c ea     250 000 000     192 602 355
       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   Final No 36  6 Dec 22  12 Dec 22  225.00
       food retail chain and the biggest independent supermarket   Interim No 35  28 Jun 22  4 Jul 22  175.00
       retail network in the world. This global brand, prides itself on   Final No 34  7 Dec 21  13 Dec 21  536.00
       supporting 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: Dec25 Avg 3m shares p.w., R392.2m(89.8% p.a.)
       for the communities it serves.               SPAR  40 Week MA  FOOR
                                                                                     35000
       SECTOR: CnsStp--PcDrugs&Groceries--PcDrugs&Groceries--Food
       MAJOR ORDINARY SHAREHOLDERS as at 26 Sep 2025                                 30000
        Government Employees Pension Fund   18.63%                                   25000
        Allan Gray                       8.53%
        M&G Investments                  6.60%                                       20000
       FINANCIAL STATISTICS                                                          15000
                   Sep 25  Sep 24  Sep 23 Sep 22  Sep 21                             10000
       (R million)
                    Final Final(rst) Final(rst)  Final  Final
       Turnover    131 458  130 987  146 461 135 609  127 941  2021  2022  2023  2024  2025  5000
       Op Inc        1 984  2 658  2 517  3 429  3 393
       NetIntPd(Rcvd)  691  587   668  385  362   RECENT ANNOUNCEMENTS
       Tax           468    472   465  822  809
       Minority Int    -     -    41   68   - 57  Friday,  19  December  2025:  Notice  was  given  that  the
       Att Inc      - 4 828  352  401  2 152  2 266  annual general meeting of the Company is scheduled to
       TotCompInc/Loss  - 5 079  158  1 028  3 069  2 444  be held as a hybrid meeting, in person at the Company’s
       Hline Erngs-CO  1 481  1 726  1 589  2 233  2 304  registered  office  on  Wednesday,  4  March  2026
       Fixed Ass     5 072  9 603  10 378  8 997  8 193  at 09:00 (South African Standard Time) and via electronic
       Inv in Assoc  150    159   150  131   95    participation.
       Inv & Loans   426    791   826  777  700    Shareholders  were  advised  that  the  Company’s  2025
       Def Tax Asset  178   133  27 971  254  228  integrated annual report is available on the Company’s
       Tot Curr Ass  24 986  25 968  28 295  25 963  23 618
       Ord SH Int    5 312  10 374  10 215  9 782  8 202  website. at: https://thespargroup.com/resource-centre/
       Minority Int    -     -     7   227  178    results-announcements.
       LT Liab      14 112  17 836  21 532  20 792  20 571  Monday, 08 December 2025: Shareholders were advised
       Tot Curr Liab  25 259  29 070  29 746  26 317  23 117  that the results presentation for the 52 weeks ended 26
       PER SHARE STATISTICS (cents per share)      September 2025 has been uploaded to the Company’s
       EPS (ZARc)    -2 507  182.70  208.60 1 118.20 1 176.30  website  at  thespargroup.com/resource-centre/results-
       HEPS-C (ZARc)  768.90  896.00  826.00 1 160.50 1 196.20  announcements/.
       Pct chng p.a.  - 14.2  8.5  - 28.8  - 3.0  5.4  The  live  question-and-answer  session  will  proceed  as
       Tr 5yr av grwth %  - 6.4  - 3.5  - 1.8  4.2  3.5  previously communicated, and participants may access
       DPS (ZARc)       -    -     -  400.00  816.00  the session via the registration link: www.corpcam.com/
       Pct chng p.a.    -    -  - 100.0  - 51.0  - 5.7  SPAR08122025.
       Tr 5yr av grwth %  - 31.3  - 29.7  - 27.8  - 6.2  4.3
       NAV PS (ZARc)  2 758.17  5 386.60  5 303.73 5 201.00 4 350.50
       3 Yr Beta      1.02  0.58  0.49  0.10  0.08
       Price High    11 182  14 064  16 651  20 323  21 347
       Price Low     9 564  8 558  8 945  12 909  17 111
       Price Prd End  10 237  13 554  11 628  14 336  19 642
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