WATCH | Legal provision weighs on Spur’s earnings
Spur’s annual headline earnings have taken a hit from a R130m legal provision, with headline earnings per share falling 39%.
Excluding the provision, the metric rose by almost 9%, while group sales topped R12bn.
Business Day TV spoke to Val Nichas, CEO of Spur Corporation, about the results and what they reveal about consumer spending.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.businesslive.co.za — the content belongs to Business Day.
