Slide 1: SPAR Group Results 2012
The SPAR Group Limited SPAR GROUP RESULTS 2012
Slide 2: Agenda
AGENDA AGENDA Financial overview Retail performance Distribution update Looking forward Questions SPAR International I t ti l • Retail turnover € 30bn • Stores 12 136 • Countries 35 1
Slide 3: Size of Operation / Financial Overview
Size of Operation Retail Turnover R 66 bn Stores 1 725 Wholesale & distribution Turnover R 43.2 bn DC’s DC s (7) 227 000m² Cases despatched 195.1m Financial Overview R million 2011 2012 % Change T Turnover 38 459 43 166 12 2 12.2 PBT 1 404 1 510 81 8.1 PAT 953 1 059 11 2 11.2 HEPS 557.1 616.3 10.6 D
Slide 4: Financial Overview
Financial Overview Turnover (Rm) 2011 2012 % Change g SPAR/TOPS 34 556 38 540 11.5 Build it 3 903 4 626 18.5 TOTAL 38 459 43 166 12.2 Liquor sales (TOPS/SPAR) 2 605 3 081 18.3 Financial Overview Gross margins Turnover Rm 2011 2012 Normal business 42 232 7.8 7.7 Retail division 780 15 1 15.1 15 6 15.
Slide 5: Financial Overview: Expenses and Cash Flow
Financial Overview Expenses Expenses % Rm Increase SPAR / Tops 2 069 10.9 Retail division 150 16.3 Build it 97 37 0 37.0 G Group 2 316 12 1 12.1 Cash Flow Rm Cash flow from trading 1 685 Working capital changes 622 2 307 Capex (166) Acquisition – Retail Store (9) Tax (488) Dividends (671) Loans/shar
Slide 6: Retail Performance
Retail Performance Retail Turnover (Rbn) 2011 2012 % Incr. SPAR 48.1 53.7 11.5 TOPS 4.2 5.0 21.2 Build it 64 6.4 75 7.5 17 0 17.0 58.7 66.2 12.8 Retail Stores Net 2011 2012 Change SUPERSPAR 275 295 20 SPAR 446 439 ( ) (7) KWIKSPAR 138 134 (4) 859 868 9 Sqm 000 000’s s 925 955 3 2% 3.2% Remodels 126
Slide 7: Retail Stores / Distribution
Retail Stores Net 2011 2012 Change SPAR 859 868 9 TOPS 501 538 37 Build it 269 281 12 Savemor 11 17 6 Pharmacy 6 21 15 TOTAL 1 646 1 725 79 DISTRIBUTION 6
Slide 8: South Rand and North Rand
SOUTH RAND 60 000m² NORTH RAND 33 600m² 7
Slide 9: KZN Dry and KZN Perishables
KZN DRY 39 500m² 00 ² KZN PERISHABLES 10 000m² 8
Slide 10: Western Cape and Eastern Cape
WESTERN CAPE 33 500m² EASTERN CAPE 24 000m² 9
Slide 11: Lowveld and Imports Warehouse
LOWVELD 18 000m² IMPORTS WAREHOUSE 10 000m² 10
Slide 12: Looking forward: Trading Environment
Looking forward… forward • Trading environment • Key K iissues Trading Environment • Business confidence • Economy E - - consumer spend - - food inflation • Competition C titi 23 11
Slide 13: Key issues
Key issues Retail • Growth - - existing stores - - new sites Key issues Ne Stores New Projected 2012 2013 SUPERSPAR 295 10 SPAR 439 13 KWIKSPAR 134 3 868 26 Sqm 955 3 2% 3.2% TOPS 538 33 Build it 281 22 S Savemor 1 17 12 Pharmacy 21 12 Total 1 725 105 12
Slide 14: Key issues: Mozambique
Key y issues Retail • Growth - existing stores - new sites - Africa Af i Mozambique 27 13
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Slide 16: Key issues
Key y issues Retail • Growth - existing stores - new sites - Africa Af i • Marketing K issues Key i Retail • Growth - existing stores - new sites - Africa • Marketing • Retail profitability 31 15
Slide 17: Key issues
Key y issues Retail • Growth - existing stores - new sites - Africa Af i • Marketing • Retail profitability • Retail division Key issues Wholesale • Warehouse facilities • Supply chain optimisation • Lean organisation • DC systems modernisation 16
Slide 18: Questions
VIDEO | SPARK QUESTIONS | SPARK
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