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SPP - The SPAR Group Limited - Business Update

Release Date: 14/02/2012 09:00
Code(s): SPP
Wrap Text

SPP - The SPAR Group Limited - Business Update The SPAR Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) ISIN Number: ZAE000058517 Share code: SPP ("the Group") BUSINESS UPDATE Shareholders are advised that the Group experienced an improvement in trading for the quarter ended 24 December 2011 during which turnover increased to R10, 98 billion, up 13, 5% on last year. The performance reflected increased food inflation supported by solid volume growth. The competitive trading environment continues to have some impact on the Group`s profitability. The above information has not been reviewed by the company`s auditors. Pinetown 14 February 2012 Sponsor: One Capital Date: 14/02/2012 09:00:40 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.