Spar Group LimitedJSE: SPP

SPP: Turnover up 1.6%, operating profit up 2.3%, and net borrowings down 40% after strategic disposals

· Issued by Spar Group Limited

Turnover grew 1.6% to R132.4bn, operating profit rose 2.3%, and net borrowings fell 40%. Strategic exits from Poland and Switzerland strengthened the balance sheet, while digital and adjacent category investments drive future growth.

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