Spar Group Ltd (JSE:SPP)
R 105.21 -2.7 (-2.5%) Market Cap: 20.26 Bil Enterprise Value: 45.37 Bil PE Ratio: 51.78 PB Ratio: 2.03 GF Score: 78/100
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Half Year 2023 SPAR Group Ltd Earnings Call Transcript

Jun 14, 2023 / 07:30AM GMT
Release Date Price: R102.29 (-0.81%)
Michael J. Bosman
The SPAR Group Ltd - Executive Chairman

Good morning, everyone, and welcome to SPAR's Results Presentation for the 6 Months ended 31 March 2023. My name is Mike Bosman, the Executive Chairman of SPAR and together with Mark Godfrey, the CFO of SPAR, we will be presenting the results today. For our presentation, I'll begin with an overview and then deal with our operational and strategic update. Mark will then present the financial results for the period. After that, I'll give you a view on our outlook and then we'll take any questions that you may have.

The SPAR Group is one of the largest businesses within the SPAR International organization and we at SPAR South Africa celebrated our 60th birthday this year. After SPAR Austria, South Africa is the second largest SPAR organization globally. We operate in 9 countries, South Africa and Namibia, Botswana, Mozambique, Ireland, England, Switzerland, Poland, and Sri Lanka. As you know, we're the second largest retailer in South Africa in terms of revenue. And from an annual point of view, the group delivered over ZAR 135 billion in

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