The SPAR Group Ltd (SGPPY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

good morning everyone and thank you for joining us before we turn to trading i'd like to personally address my situation and my decision to step down as group ceo after nearly 19 years with spa including leading the business through an exceptionally complex reset period i've taken the decision to step down for personal reasons the last five years in particular have required extraordinary focus and intensity While I've been deeply committed to the business, its people and our retailers, the role has come at a significant personal cost. It's time for me to prioritize my family after a demanding chapter. There's full alignment between myself, the board, and the incoming leadership team. I want to say clearly that both Megan and Reza are exceptional leaders. They've been integral to the portfolio simplification, balance sheet stabilization, and the development of our margin recovery pathway. I've worked alongside them through this reset phase, and I have complete confidence in their ability to lead the next stage of discipline execution. the next three months i'll focus on supporting the stabilization of kzn the optimization of our corporate store portfolio and undertake the structured handover in particular of key retailer relationships teresa as far as entering a phase of execution but the foundations on our strong the business is in a good place to take on this execution execution phase and with that i'll hand over teresa Thank you. Thank you. Thank you, Angelo. Let me start by acknowledging Angelo's contribution over nearly two decades. The structural work completed over the last two years provides a platform from which we will now execute. The strategic framework remains clear, strengthening Southern Africa performance, improving margin resilience, maintaining disci...