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Nadine Mather and Chloë Loubser
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Spur Corporation FY sales up 12.1% to R6.2bn
Spur Corporation (SUR) has lifted sales across its operations 12.1% to R6.2bn in the year to June from the year-earlier period.
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The restaurant chain said on Wednesday, 22 July 2015, that sales in SA rose 11.3%‚ while sales from international restaurants rose 18.6% in rand terms.
Using the constant exchange rate‚ international restaurant sales increased by 12.1%.
The company has opened 44 outlets in the country and eight internationally during the past year‚ bringing its total restaurant base to 522.
The stock was up 6% in early trade to R38‚ valuing the company at R4.1bn.
Source: BDpro via I-Net Bridge
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
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