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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