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Fri 10 Oct 2025
Close: 10 740c 
Day's move: 176c (1.67%)
Volume: 613 675
Trades: 2 307
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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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The SPAR Group Ltd. - Dealings in securities by a
A director has dealt in shares of the company.
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The SPAR Group Ltd. - Dealings in securities by a
A director has dealt in shares of the company.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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