Page 224 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – SPA Profile’s Stock Exchange Handbook: 2020 – Issue 4
DIRECTORS: Koyana L (ind ne),
The SPAR Group Ltd. WallerAG(ind ne), Godfrey M W (Group FD),
Hankinson M J (Chair, ind ne),
SPA
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,
Build it, EUROSPAR, MACE, XL, Value Centre,
Scan the QR code to Londis, Maxi
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP POSTALADDRESS:POBox1589,Pinetown,3600
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 visit our website
EMAIL: kyla.armstrong@spar.co.za
WEBSITE: www.spar.co.za
NATURE OF BUSINESS: TELEPHONE: 031-719-1900 FAX: 031-719-1990
SPAR is the registered licensee of the SPAR brand in Southern COMPANY SECRETARY: Mandy J Hogan
Africa. The company is also the registered owner of the TOPS TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
and Build it trademarks. The nature of the relationship SPONSOR: One Capital
between the company and independently owned SPAR stores AUDITORS: PwC Inc.
(grocery outlets), TOPS stores (liquor outlets), Build it stores BANKERS: Rand Merchant Bank Ltd.
(building material outlets) and Pharmacy at SPAR stores is
one of joint co-operation for the benefit of the members of this CALENDAR Expected Status
association. SPAR operates under ‘voluntary trading’ princi- Next Final Results 18 Nov 2020 Estimate
pleswhich meansthatwhileweencourageourretailerstotake Annual General Meeting Feb 2021 Unconfirmed
advantage of SPAR’s trading power, our retailers can source Next Interim Results May 2021 Unconfirmed
goods from local traders. SPAR focuses on: CAPITAL STRUCTURE AUTHORISED ISSUED
* the wholesale distribution and supply of goods and services SPP Ords of 0.06c ea 250 000 000 192 602 355
to independently owned SPAR, TOPS, Build it and Pharmacy DISTRIBUTIONS [ZARc]
at SPAR stores from seven regional distribution centres; Ords of 0.06c ea Ldt Pay Amt
* and the managing of voluntary trading groups. Interim No 31 9 Jun 20 15 Jun 20 200.00
SPAR’s revenue stream is derived from the provision of goods Final No 30 3 Dec 19 9 Dec 19 516.00
and services to SPAR, TOPS, Build it and Pharmacy at SPAR Interim No 29 4 Jun 19 10 Jun 19 284.00
stores. The financial performance of independent retailers do Final No 28 4 Dec 18 10 Dec 18 459.00
not form part of the company’s financial results. The founda- LIQUIDITY: Sep20 Ave 4m shares p.w., R763.6m(110.3% p.a.)
tions of SPAR’s business have been built on the company’s
core competencies of managing voluntary trading groups, FOOR 40 Week MA SPAR
providing distribution and logistical services, brand manage- 22112
ment and strong operational management.
20577
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food
19042
MAJOR ORDINARY SHAREHOLDERS as at 02 Jun 2020
Government Employees Pension Fund 17.51% 17507
Coronation Fund Managers 6.12%
JP Morgan Chase and Co 5.14% 15972
FINANCIAL STATISTICS
(R million) Mar 20 Sep 19 Sep 18 Sep 17 Sep 16 2015 | 2016 | 2017 | 2018 | 2019 | 2020 14437
Interim Final Final(rst) Final(rst) Final
Turnover 59 749 109 477 101 018 95 373 90 689 Recent Announcements
Op Pft 1 335 2 979 2 779 2 576 2 577 Friday, 04 September 2020: In compliance with paragraph 3.59 of the
NetIntPd(Rcvd) 144 16 24 - 17 12 JSE Ltd. Listings Requirements, SPAR shareholders are hereby
Tax 317 618 637 645 624 advised of the following changes to the board of directors of the
Att Inc 750 2 163 1 827 1 821 1 815 Company (“Board”), which will be effective from 1 March 2021.
TotCompIncLoss 1 114 1 843 2 091 2 231 1 562
Hline Erngs-CO 785 2 173 1 860 1 835 1 833 As previously advised in the 2019 integrated annual report and
Fixed Ass 8 807 7 184 6 652 6 554 6 160 the announcement published on SENS on 23 December 2019,
Inv in Assoc 123 103 157 117 38 Mr Graham O’Connor, the group chief executive officer
Loans & Receivables 757 1 132 696 406 218 (“Group CEO”) and Mr Mike Hankinson, the chairman of the
Def Tax Asset 210 75 14 21 37 Board, will be retiring at the annual general meeting that will be
Tot Curr Ass 23 695 19 841 18 176 17 021 16 968 held in 2021. Accordingly, the Board has resolved to appoint:
Capital & Reserves 6 921 7 467 7 110 6 560 5 628 *Brett Botten, the current Managing Director of SPAR South
LT Liab 19 400 8 405 8 037 7 875 8 127 Rand as the Group CEO;
Tot Curr Liab 25 384 18 181 16 108 14 541 14 351 *Graham, as a non-executive director and chairman of the
PER SHARE STATISTICS (cents per share) Board; and
EPS (ZARc) 390.00 1 124.10 948.90 945.50 1 010.00 *Andrew Waller, an independent non-executive director, as the
HEPS-C (ZARc) 408.00 1 129.10 965.70 952.80 1 020.00 lead independent director of the Board.
Pct chng p.a. - 27.7 16.9 1.4 - 6.6 22.1
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 5.24 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
NUMBER OF EMPLOYEES: 8 206
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