Page 228 - Profile's Stock Exchange Handbook - 2021 issue 1

JSE – SPA Profile’s Stock Exchange Handbook: 2021 – Issue 1
NUMBER OF EMPLOYEES: 10 168
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
POSTAL ADDRESS: PO Box 1589, Pinetown,
NATURE OF BUSINESS: 3600
SPAR is the registered licensee of the SPAR brand in Southern EMAIL: kyla.armstrong@spar.co.za
Africa. The company is also the registered owner of the TOPS WEBSITE: www.spar.co.za FAX: 031-719-1990
TELEPHONE: 031-719-1900
and Build it trademarks. The nature of the relationship COMPANY SECRETARY: Mandy J Hogan
between the company and independently 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.
one of joint co-operation for the benefit of the members of this BANKERS: Rand Merchant Bank Ltd.
association. SPAR operates under ‘voluntary trading’ princi- CALENDAR Expected Status
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:
* the wholesale distribution and supply of goods and services Next Final Results Nov 2021 Unconfirmed
to independently owned SPAR, TOPS, Build it and Pharmacy CAPITAL STRUCTURE AUTHORISED ISSUED
at SPAR stores from seven regional distribution 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 32 8 Dec 20 14 Dec 20 665.00
9 Jun 20
Interim No 31
200.00
15 Jun 20
stores. The financial performance of independent retailers do Final No 30 3 Dec 19 9 Dec 19 516.00
not form part of the company’s financial results. The founda- Interim No 29 4 Jun 19 10 Jun 19 284.00
tions of SPAR’s business have been built on the company’s LIQUIDITY: Nov20 Ave 4m shares p.w., R765.7m(112.4% p.a.)
core competencies of managing voluntary trading groups,
FOOR 40 Week MA SPAR
providing distribution and logistical services, brand manage-
ment and strong operational management. 22112
SECTOR: Consumer Srvcs—Retail—Food&Drug—Food 20577
MAJOR ORDINARY SHAREHOLDERS as at 02 Jun 2020
Government Employees Pension Fund 17.51% 19042
Coronation Fund Managers 6.12%
JP Morgan Chase and Co 5.14% 17507
FINANCIAL STATISTICS
15972
(R million) Sep 20 Sep 19 Sep 18 Sep 17 Sep 16
Final Final Final(rst) Final(rst) Final
14437
Turnover 124 277 109 477 101 018 95 373 90 689 2015 | 2016 | 2017 | 2018 | 2019 | 2020
Op Inc 3 443 2 979 2 779 2 576 2 577
NetIntPd(Rcvd) 404 16 24 - 17 12 Recent Announcements
Tax 740 618 637 645 624 Changes to the board:
Minority Int - 119 - - - - Graham O’Connor, the group CEO and Mike Hankinson, the
Att Inc 2 075 2 163 1 827 1 821 1 815 Chairman of the board of directors (board), will be retiring at
TotCompIncLoss 2 433 1 843 2 091 2 231 1 562 the annual general meeting (AGM) that will be held in February
Hline Erngs-CO 2 184 2 173 1 860 1 835 1 833
Fixed Ass 8 725 7 184 6 652 6 554 6 160 2021. Accordingly, subject to shareholder approval at the AGM,
Inv in Assoc 103 103 157 117 38 where applicable, the board has resolved to appoint:
Loans & Receivables 795 1 132 696 406 218 • Brett Botten, the current Managing Director of SPAR South
Def Tax Asset 223 75 14 21 37 Rand as the group CEO;
Tot Curr Ass 24 363 19 841 18 176 17 021 16 968 • Graham, as a non-executive director and Chairman of the
Capital & Reserves 7 960 7 467 7 110 6 560 5 628
LT Liab 19 694 8 405 8 037 7 875 8 127 Board; and
Tot Curr Liab 25 155 18 181 16 108 14 541 14 351 • Andrew Waller, an independent non-executive director, as
PER SHARE STATISTICS (cents per share) the lead independent director of the Board.
EPS (ZARc) 1 078.70 1 124.10 948.90 945.50 1 010.00 Ms Mandy Hogan has resigned as the Company Secretary of
HEPS-C (ZARc) 1 135.30 1 129.10 965.70 952.80 1 020.00 SPAR with effect from 31 December 2020.
Pct chng p.a. 0.5 16.9 1.4 - 6.6 22.1
Tr 5yr av grwth % 6.9 8.1 7.2 9.5 13.0
DPS (ZARc) 865.00 800.00 729.00 675.00 665.00
Pct chng p.a. 8.1 9.7 8.0 1.5 5.2
Tr 5yr av grwth % 6.5 8.3 8.6 9.6 12.1
NAV PS (ZARc) 4 102.20 3 879.90 3 692.20 3 407.00 3 140.10
3 Yr Beta 0.07 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 18 965 19 101 18 413 16 708 19 222
RATIOS
Ret on SH Fnd 24.79 28.97 25.70 27.75 32.25
Ret On Tot Ass 6.50 10.18 10.36 10.41 10.67
Oper Pft Mgn 2.77 2.72 2.75 2.70 2.84
D:E 2.65 1.46 1.13 1.24 1.53
Int Cover 7.83 174.44 105.87 n/a 203.86
Current Ratio 0.97 1.09 1.13 1.16 1.18
Div Cover 1.25 1.41 1.32 1.41 1.52
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