Spur recovering from right-wing boycott (ekes out 3% revenue growth)

Spur logo. Picture: Supplied.

Spur Corporation grew revenues by 3% to R667.2 million.

The company says it’s recovering from the fallout of a "damaging social media [racist] incident in March 2017".

Before tax profit grew by 9.8% to R231.4 million.

The Money Show’s Bruce Whitfield interviewed Spur Corporation CEO Pierre Van Tonder.

Listen to the interview in the audio below (and scroll down for quotes from it).

If I can cross 2017 off my calendar I definitely would!

Pierre Van Tonder, Spur

The second six months showed great signs of improvement.

Pierre Van Tonder, Spur

RocoMamas has really done well for us… some very valuable lessons learned…

Pierre Van Tonder, Spur

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Spur recovering from right-wing boycott (ekes out 3% revenue growth)


Recommended

by NEWSROOM AI
Read More
MTN’s worst nightmares are becoming reality in Nigeria

MTN’s worst nightmares are becoming reality in Nigeria

The Money Show’s Bruce Whitfield interviews MTN Group CFO Ralph Mupita.

Weak economy pummels Sun International (plans to exit Nigeria for good)

Weak economy pummels Sun International (plans to exit Nigeria for good)

The Money Show’s Bruce Whitfield interviews Sun International Group CEO, Anthony Leeming.

Insatiable appetite for higher education boosts Curro spinoff Stadio's profits

Insatiable appetite for higher education boosts Curro spinoff Stadio's profits

The Money Show’s Bruce Whitfield interviews Stadio CEO Dr Chris van der Merwe.

Read Spur CEO Pierre van Tonder's open letter to Solidarity's Dirk Hermann

Read Spur CEO Pierre van Tonder's open letter to Solidarity's Dirk Hermann

"Dear Dirk, I refer to your open letter published on Maroela Media on 23 May in which you make some contentious statements..."

Spur is bleeding from right-wing boycotts

Spur is bleeding from right-wing boycotts

“It happened almost immediately… It was like wildfire. Within a week we had immediate reaction, and then it just grew. And grew."

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

'My daughter bought Spur shares when she was 10 years old' - Dr Adrian Saville

What does Cannon Asset Managers’ disciple of contrarian, deep-value investing Dr Adrian Saville hope for (and fear) about money?

Popular articles
Traffic congestion: Capetonians spending 75% more time in vehicles

Traffic congestion: Capetonians spending 75% more time in vehicles

Cape Town has the worst congestion levels in the whole of South Africa.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

'Bring back skilled engineers to Eskom' - Solidarity

'Bring back skilled engineers to Eskom' - Solidarity

Trade Union Solidarity says it supports Pravin Gordhan's idea that technicians who used to work for Eskom should be brought back.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.

How to make sure your aluminium windows are burglar-proof

How to make sure your aluminium windows are burglar-proof

Houses with aluminium window frames are urged to tighten up security as a new home invasion trend grows in the northern suburbs.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.