Spar Group LimitedJSE: SPP

SPP: Margin expansion and profit growth achieved amid tough trading; core focus sharpened

· Issued by Spar Group Limited

Profit and margin growth achieved despite weak sales, driven by cost discipline and portfolio simplification. Southern Africa and Ireland delivered resilient results, while Switzerland and U.K. are being divested following impairments. Outlook targets margin expansion and dividend resumption.

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