SPAR (South Africa): turnover +13.5% in FY2020

Date : 20 November 2020

Jon Wright

Head of Insight - RA EMEA

SPAR South Africa has published full year results for the year ending September 2020, saying turnover rose 13.5% to ZAR124.3 bn (US$8.1 bn). The company’s operating profit increased by 15.6% to ZAR3.4 bn (US$220.6m), with its profitability ‘ positively impacted by a change in sales mix as increased…
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