Turnover at Spar, Eurospar, Mace, and Londis business in Republic rises by 7%

the Spar Group, whose shares trade on the Johannesburg stock exchange, said turnover at the BWG division increased by over 7% in euro terms. Picture: Jane Mingay/PA
Sales at the more than 1,000-plus grocery outlets and wholesale businesses that operate in the Republic under the Spar, Eurospar, Mace, Londis, and XL names are outperforming its fellow group operations abroad, despite the cost-of-living crisis, according to its South African owner.
In an update, the Spar Group, whose shares trade on the Johannesburg stock exchange, said turnover at the BWG division increased by over 7% in euro terms, or by over 19% in South African rand terms, in the 20 weeks to the middle of February.