Despite recession Spur optimistic

PUBLISHED: Thu, 06 Sep 2018 15:58:55 GMT

Spur Corporation reported a stronger second half performance in challenging economic conditions in its major trading markets, with total franchised restaurant sales across the local and international operations increasing by 1.3 percent to R7.1 billion in the year to June. The group’s diluted headline earnings per share from continuing operations increased by 14 per cent to 160.5 cents. Joining CNBC Africa is Pierre van Tonder: CEO Spur Corp.