The SPAR Group’s 2017 financial results are evidence of our ability to weather economic and trading storms of all kinds due to strong retail relationships, value-added buying power and efficiencies gained in all aspects of our operations.
We remain committed to offering our communities world-class stores, with excellence in fresh foods, and leadership through innovation and the entrepreneurial spirit of the SPAR family in all territories.
by 5.3% while operating profit increased by 0.2%.
in South Africa was under pressure, with growth limited to 5.2%, whereas Ireland delivered solid euro-based growth of 1.5%.
from the operations in Ireland and South West England increased by 17.6%.
early signs of recovery with retail turnover growing at 77.1% and operating profit increasing by 114.3%.
Both of these increases were largely influenced by the fact that this business was acquired with effect 1 April 2016.