Spar’s reset continues – but dividends remain off the table

Daily Maverick

Spar shareholders await dividends as the company shifts focus to local markets, aiming for payouts by 2026. Spar CFO Reeza Isaacs states no interim dividend declared, but scenarios being modeled for potential resumption within 18 months. Spar retreats from Europe, emphasizing local markets amid consumer pressure. Exit from Spar Poland completed in January, debt restructure in March.
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Daily Dive
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