Page 240 - SHB 2020 Issue 1

JSE – SPA Profile’s Stock Exchange Handbook: 2020 – Issue 1
NUMBER OF EMPLOYEES: 8 206
The SPAR Group Ltd. DIRECTORS: Koyana L (ind ne), Waller A G
SPA (ind ne), Godfrey M W (Group FD),
Hankinson M J (Chair, ind ne), Hook W A,
Mashologu M (ind ne), Mehta H K (ind ne),
Mnganga Dr P (ind ne), O’Connor G O (CEO),
Wells C F (ind ne, UK)
POPULAR BRAND NAMES: SPAR, SUPERSPAR,
KWIKSPAR, SPAR Express, TOPS at SPAR,
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP Scan the QR code to Pharmacy at SPAR, Bean Tree, SAVEMOR, Build
it, Trendiy by Build it, BWG Foods, EUROSPAR,
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 visit our website MACE, XL, Value Centre, Londis, Maxi
POSTAL ADDRESS: PO Box 1589, Pinetown, 3600
NATURE OF BUSINESS: EMAIL: kyla.armstrong@spar.co.za
SPAR is the reg is tered licensee of the SPAR brand in Southern WEBSITE: www.spar.co.za
Africa. The company is also the reg is tered owner of the TOPS TELE PHONE: 031-719-1900 FAX: 031-719-1990
and Build it trademarks. The nature of the relationship COMPANY SECRETARY: Mandy J Hogan
between the company and in de pend ently owned SPAR stores TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
(grocery outlets), TOPS stores (liquor outlets), Build it stores SPONSOR: One Capital
(building material outlets) and Pharmacy at SPAR stores is AUDITORS: PwC Inc.
BANKERS: Rand Merchant Bank Ltd.
one of joint co-operation for the benefit of the members of this
as so ci a tion. SPAR operates under ‘vol un tary trading’ prin ci - CALENDAR Expected Status
ples which means that while we encourage our retailers to take Annual General Meeting 11 Feb 2020 Con firmed
advantage of SPAR’s trading power, our retailers can source Next Interim Results 13 May 2020 Un con firmed
goods from local traders. SPAR focuses on: Next Final Results 18 Nov 2020 Un con firmed
* the wholesale dis tri bu tion and supply of goods and services
to in de pend ently owned SPAR, TOPS, Build it and Pharmacy CAPITAL STRUCTURE AUTHORISED ISSUED
at SPAR stores from seven regional dis tri bu tion centres; SPP Ords of 0.06c ea 250 000 000 192 602 355
* and the managing of voluntary trading groups. DISTRIBUTIONS [ZARc]
SPAR’s revenue stream is derived from the provision of goods Ords of 0.06c ea Ldt Pay Amt
and services to SPAR, TOPS, Build it and Pharmacy at SPAR Final No 30 3 Dec 19 9 Dec 19 516.00
10 Jun 19
4 Jun 19
stores. The financial per for mance of in di vid ual stores does not Interim No 29 4 Dec 18 10 Dec 18 284.00
Final No 28
459.00
form part of the company’s financial results. The foun da tions Interim No 27 19 Jun 18 25 Jun 18 270.00
of SPAR’s business have been built on the company’s core
competencies of managing voluntary trading groups, LIQUIDITY: Nov19 Ave 3m shares p.w., R690.3m(93.7% p.a.)
providing dis tri bu tion and lo gis ti cal services, brand man age - FOOR 40 Week MA SPAR
ment and strong operational management. 22112
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food 19925
MAJOR ORDINARY SHAREHOLDERS as at 18 Oct 2019
Government Employees Pension Fund 16.06% 17737
Coronation Fund Managers 8.83%
Oppenheimer Funds 6.56% 15550
13362
FINANCIAL STATISTICS
(R million) Sep 19 Sep 18 Sep 17 Sep 16 Sep 15
Final Final(rst) Final(rst) Final Final 2014 | 2015 | 2016 | 2017 | 2018 | 2019 11175
Turnover 109 477 101 018 95 373 90 689 73 259
Op Inc 2 979 2 779 2 576 2 577 2 294 Recent Announcements
NetIntPd(Rcvd) 16 24 - 17 12 92 Spar final results September 2019 - Wednesday, 13 November 2019:
Tax 618 637 645 624 537 Revenue for the year from sale of mer chan dise increased to
Att Inc 2 163 1 827 1 821 1 815 1 421 R109.477 billion (2018: R101.018 billion), gross profit rose to
TotCompIncLoss 1 843 2 091 2 231 1 562 1 427
Hline Erngs-CO 2 173 1 860 1 835 1 833 1 446 R11.660 billion (2018: R10.793 billion), operating profit
Fixed Ass 7 184 6 652 6 554 6 160 3 221 climbed to R2.979 billion (2018: R2.779 billion), profit for the
Inv in Assoc 103 157 117 38 32 year at trib ut able to ordinary share hold ers was higher at R2.163
Inv & Loans 1 132 696 406 218 103 billion (2018: R1.827 billion), while headline earnings per share
Def Tax Asset 75 14 21 37 34 grew 16.9% to 1 129.1 cents per share (2018: 965.7 cents per
Tot Curr Ass 19 841 18 176 17 021 16 968 12 559 share).
Ord SH Int 7 467 7 110 6 560 5 628 3 328
LT Liab 8 405 8 037 7 875 8 127 3 868 Dividend
Tot Curr Liab 18 181 16 108 14 541 14 351 12 134 A gross final cash dividend of 516 cents per share has been
declared by the board in respect of the year ended 30 September
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 1 124.10 948.90 945.50 1 010.00 820.80 2019.
HEPS-C (ZARc) 1 129.10 965.70 952.80 1 020.00 835.50
Pct chng p.a. 16.9 1.4 - 6.6 22.1 6.9
Tr 5yr av grwth % 8.1 7.2 9.5 13.0 9.3
DPS (ZARc) 800.00 729.00 675.00 665.00 632.00
Pct chng p.a. 9.7 8.0 1.5 5.2 17.0
Tr 5yr av grwth % 8.3 8.6 9.6 12.1 11.9
NAV PS (ZARc) 3 879.90 3 692.20 3 407.00 3 140.10 1 922.60
3 Yr Beta 0.64 1.05 0.95 0.79 0.23
Price High 21 072 22 700 20 499 21 971 20 617
Price Low 16 418 16 553 15 018 16 161 12 142
Price Prd End 19 101 18 413 16 708 19 222 18 500
RATIOS
Ret on SH Fnd 28.97 25.70 27.75 32.25 42.69
Ret On Tot Ass 10.18 10.36 10.41 10.67 13.69
Oper Pft Mgn 2.72 2.75 2.70 2.84 3.13
D:E 1.46 1.13 1.24 1.53 1.32
Int Cover 174.44 105.87 n/a 203.86 22.24
Current Ratio 1.09 1.13 1.16 1.18 1.04
Div Cover 1.41 1.32 1.41 1.52 1.30
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