Page 226 - Stock Exchange Handbook 2020 - Issue 3

JSE – SPA Profile’s Stock Exchange Handbook: 2020 – Issue 3
NUMBER OF EMPLOYEES: 8 206
The SPAR Group Ltd. DIRECTORS: Koyana L (ind ne),
SPA WallerAG(ind ne), Godfrey M W (Group FD),
Hankinson M J (Chair, ind ne),
Mashologu M (ind ne), MehtaHK(ind ne),
Mnganga Dr P (ind ne), O’Connor G O (CEO)
POPULAR BRAND NAMES: S Buys Group, SPAR,
SUPERSPAR, KWIKSPAR, SPAR Express, TOPS
at SPAR, Pharmacy at SPAR, Bean Tree, SaveMor,
Scan the QR code to Build it, EUROSPAR, MACE, XL, Value Centre,
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP Londis, Maxi
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 visit our website
POSTALADDRESS:POBox1589,Pinetown,3600
EMAIL: kyla.armstrong@spar.co.za
NATURE OF BUSINESS:
SPAR is the registered licensee of the SPAR brand in Southern WEBSITE: www.spar.co.za FAX: 031-719-1990
TELEPHONE: 031-719-1900
Africa. The company is also the registered owner of the TOPS COMPANY SECRETARY: Mandy J Hogan
and Build it trademarks. The nature of the relationship TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
between the company and independently owned SPAR stores SPONSOR: One Capital
(grocery outlets), TOPS stores (liquor outlets), Build it stores AUDITORS: PwC Inc.
(building material outlets) and Pharmacy at SPAR stores is BANKERS: Rand Merchant Bank Ltd.
one of joint co-operation for the benefit of the members of this
association. SPAR operates under ‘voluntary trading’ princi- CALENDAR Expected Status
pleswhich meansthatwhileweencourageourretailerstotake Next Final Results 18 Nov 2020 Estimate
advantage of SPAR’s trading power, our retailers can source Annual General Meeting Feb 2021 Unconfirmed
goods from local traders. SPAR focuses on: Next Interim Results May 2021 Unconfirmed
* the wholesale distribution and supply of goods and services
to independently owned SPAR, TOPS, Build it and Pharmacy
at SPAR stores from seven regional distribution centres; CAPITAL STRUCTURE AUTHORISED 192 602 355
ISSUED
Ords of 0.06c ea
250 000 000
SPP
* and the managing of voluntary trading groups.
SPAR’s revenue stream is derived from the provision of goods DISTRIBUTIONS [ZARc]
and services to SPAR, TOPS, Build it and Pharmacy at SPAR Ords of 0.06c ea Ldt Pay Amt
stores. The financial performance of independent retailers do Interim No 31 9 Jun 20 15 Jun 20 200.00
not form part of the company’s financial results. The founda- Final No 30 3 Dec 19 9 Dec 19 516.00
tions of SPAR’s business have been built on the company’s Interim No 29 4 Jun 19 10 Jun 19 284.00
core competencies of managing voluntary trading groups, Final No 28 4 Dec 18 10 Dec 18 459.00
providing distribution and logistical services, brand manage- LIQUIDITY: Jun20 Ave 4m shares p.w., R789.0m(111.0% p.a.)
ment and strong operational management. FOOR 40 Week MA SPAR
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food 22112
MAJOR ORDINARY SHAREHOLDERS as at 02 Jun 2020
Government Employees Pension Fund 17.51% 20577
Coronation Fund Managers 6.12%
JP Morgan Chase and Co 5.14% 19042
17507
FINANCIAL STATISTICS
(R million) Mar 20 Sep 19 Sep 18 Sep 17 Sep 16
15972
Interim Final Final(rst) Final(rst) Final
Turnover 59 749 109 477 101 018 95 373 90 689
14437
Op Pft 1 335 2 979 2 779 2 576 2 577 2015 | 2016 | 2017 | 2018 | 2019 |
NetIntPd(Rcvd) 144 16 24 - 17 12
Tax 317 618 637 645 624 Recent Announcements
Att Inc 750 2 163 1 827 1 821 1 815 SPAR interim results March 2020 - Thursday, 21 May 2020:
TotCompInc(Loss) 1 114 1 843 2 091 2 231 1 562 Revenue for the interim period increased by 10.1% to R59.749
Hline Erngs-CO 785 2 173 1 860 1 835 1 833 billion (2019: R54.273 billion), gross profit climbed to R6.729
Fixed Ass 8 807 7 184 6 652 6 554 6 160 billion (2019: R5.651 billion), operating profit fell 3.4% to
Inv in Assoc 123 103 157 117 38 R1.335billion(2019:R1.383billion),while profitfortheperiod
Loans & Receivables 757 1 132 696 406 218 attributable to ordinary shareholders decreased by 25% to
Def Tax Asset 210 75 14 21 37
Tot Curr Ass 23 695 19 841 18 176 17 021 16 968 R750.4 million (2019: R1.001 billion). Furthermore, headline
Capital & Reserves 6 931 7 467 7 110 6 560 5 628 earnings per share decreased 22.1% to 408 cents per share
LT Liab 19 400 8 405 8 037 7 875 8 127 (2019: 523.6 cents per share).
Tot Curr Liab 25 288 18 181 16 108 14 541 14 351 Dividend
Noticeis hereby giventhat aninterim grosscash dividend of200
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 390.00 1 124.10 948.90 945.50 1 010.00 cents (2019: 284 cents) per share has been declared by the board
HEPS-C (ZARc) 408.00 1 129.10 965.70 952.80 1 020.00 in respect of the six months ended 31 March 2020. The dividend
Pct chng p.a. - 27.7 16.9 1.4 - 6.6 22.1 has been declared out of income reserves.
Tr 5yr av grwth % - 8.1 7.2 9.5 13.0
DPS (ZARc) 200.00 800.00 729.00 675.00 665.00
Pct chng p.a. - 9.7 8.0 1.5 5.2
Tr 5yr av grwth % - 8.3 8.6 9.6 12.1
NAV PS (ZARc) 3 602.70 3 879.90 3 692.20 3 407.00 3 140.10
3 Yr Beta 0.41 0.64 1.05 0.95 0.79
Price High 21 622 21 072 22 700 20 499 21 971
Price Low 14 225 16 418 16 553 15 018 16 161
Price Prd End 18 175 19 101 18 413 16 708 19 222
RATIOS
Ret on SH Fnd 20.60 28.97 25.70 27.75 32.25
Ret On Tot Ass 5.25 10.18 10.36 10.41 10.67
Oper Pft Mgn 2.23 2.72 2.75 2.70 2.84
D:E 3.30 1.46 1.13 1.24 1.53
Int Cover 8.26 174.44 105.87 n/a 203.86
Current Ratio 0.93 1.09 1.13 1.16 1.18
Div Cover 1.95 1.41 1.32 1.41 1.52
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