People drink when they’re sad and when they’re happy…— Graham O'Connor, CEO - Spar Group
Spar Group revenues rose by 8.6% (to R54.3 billion) in the half-year to 31 March 2019.
Headline earnings per share fell by 3.4%.
Sales at Spar Group’s Tops liquor stores surged by 19.3%.
The company is wrapping up negotiations to buy a controlling stake in Polish deli and supermarket chain Piotr i Pawel.
Piotr i Pawel has 77 stores in Poland, a country with rapid economic growth and an all-time low unemployment rate.
Listen to the interview in the audio below (and scroll down for more quotes from it).
Many things are going really well there [Switzerland] other than the profits… In Ireland, we’re the kings of convenience…— Graham O'Connor, CEO - Spar Group
One of our weaknesses at Spar has always been our price perception… it’s improved…— Graham O'Connor, CEO - Spar Group
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