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Thu 20 Nov 2025
Close: 10 821c 
Day's move: 162c (1.52%)
Volume: 1 080 402
Trades: 2 781
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Spar - final results presentation
SPAR shareholders and other interested parties were invited to join management in discussing the Group's financial results for the 52 weeks* ended 26 September 2025 ("Annual Results") via webcast at 09:30 am (SAST) on Monday, 8 December 2025 ("Results Presentation"). The webcast can be accessed via the following link: www.corpcam.com/SPAR08122025.
The Annual Results are expected to be published on SENS at 07:05 am (SAST) on Monday, 8 December 2025 and will be available on SPAR's corporate website shortly thereafter: thespargroup.com/.
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Spar targets healthcare market with Aptekor deal
According to the Business Day, The Spar Group announced that is has completed its acquisition of pharmaceutical wholesaler Aptekor Group. The move is intended to expand the retailer’s healthcare footprint as it marks the first steps in building a national pharmaceutical network under its already existing Pharmacy at Spar banner.
Currently, the Pharmacy at Spar network has 125 pharmacies in South Africa and the retail Group is planning to expand that to 250 stores within the next three years, and this Aptekor deal forms part of the first phase of the wholesale expansion strategy.
Spar Health MD Jeremy Nicol said the deal is a strategic step in making quality healthcare more affordable and accessible to communities across South Africa.
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Spar - business update
Headline Summary
• The trading environment remained highly competitive during the 51-week period ended 19 September 2025 ("Current Period"), with increased promotional activity across the markets in which we operate.
• Group sales recorded a noticeable uplift in the second half with 2.8% growth year-on- year supported by improved execution. In contrast, the first half of the Current Period saw a slight decline in Group sales.
• The balance sheet has been significantly strengthened through the disposal of SPAR Holding AG ("SPAR Switzerland").
Delivering on strategic milestones
SPAR Shareholders were referred to the announcement published on SENS on Tuesday, 9 September 2025 regarding the disposal of the Group's entire interest in SPAR Switzerland. This marked a significant milestone, achieving a clean exit reducing liabilities and exposures while retaining the potential future gains through an earn-out.
The Group has delivered on its commitment to streamline operations and refocus on its key markets, Southern Africa and Ireland. With the divestments from Poland and Switzerland completed, our debt restructured and the sales process of the UK business well advanced, our leadership is now very focused on Southern Africa operational and margin improvements.
Outlook
The consumer environment remains under pressure, with volume declines across Fast- Moving Consumer Goods (FMCG) markets. Nevertheless, the stronger top-line performance in the second half, stabilising and improving loyalty, a simpler portfolio, a stronger balance sheet and a continuing disciplined capital framework provide a solid platform for growth and returns over the medium term.
The Board remains confident in the Group's ability to deliver sustainable shareholder value.
The Group's audited financial results for the 52-week period ended 26 September 2025 will be released on or about 8 December 2025.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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