Massive R4 billion loss for SPAR

BusinessTech

SPAR Group reports R4 billion loss in interim results, plans to sell British and Swiss businesses. SPAR Switzerland and AWG classified as discontinued operations, with post-tax losses of R4.4 billion. Group disposed of SPAR Poland in January 2025. Total loss from discontinued operations on income statement is R5 billion. South Africa revenue growth at 1%.
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Daily Dive
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