Subscribe & Follow

Advertise your job vacancies

Jobs

More jobs Submit a job Open account

Spar increases 18-week sales to end-January by 14.1%

10 Feb 2016

Retailer Spar Group on Tuesday reported an increase in sales of 14.1% for the 18 weeks to 30 January.

Image source: BDlive

Photographer: Martin Rhodes

The increase brought total sales to R24.5bn for the period. Group sales in SA increased 8.4% with "internally measured" inflation amounting to 3.9%.

Spar Ireland increased sales 36.6%, "reflecting both the impact of the acquisition of the ADM Londis business in July 2015 and the devaluation of the rand. In local currency the Spar Ireland business increased turnover by 17.8%".

Liquor sales in SA rose 12.5% over the previous comparable period.

The company’s results for the six months ending 31 March will be released on, or about, 18 May.

Source: Business Day

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.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za