Tag: Pierre van Tonder

Spur lifts dividend in tough economic environment

Restaurant group Spur says profit before income tax increased by 19.5 per cent and that its balance sheet benefited from the exit of Grand Parade Investments. Spur Corporation CEO, Pierre van Tonder joins CNBC Africa for more.

Spur takes on Uber Eats with own click-and-collect service

Spur plans to launch its own click-and-collect service in the year ahead to complement the services currently offered by third-party service providers, such as Mr D Food and Uber Eats. The owner of brands like RocoMamas and Panarottis also plans to open at least 11 restaurants in South Africa in the year ahead across all brands and ten internationally. This was revealed in its full year results. Spur CEO, Pierre van Tonder joins CNBC Africa for more.

Pierre van Tonder on dumping Australia, RocoMamas and Africa expansion

Family restaurant franchise Spur saw increased economic pressure and lowered consumer spending for the six months ended December 31 2018. The group kept its interim dividend at 63 cents per share and headline earnings per share dipped by 10.9 per cent. Joining CNBC Africa for more is CEO, Pierre van Tonder.

Spur acquires 51% of Nikos Coalgrill Greek

Restaurant franchiser Spur has announced an addition to its portfolio: it's acquired a 51 per cent stake in emerging franchise Nikos Coalgrill Greek. This is the eighth addition to Spur's restaurant brands and the group's CEO says he plans to build 50 Nikos Coalgrill's across the country. Pierre van Tonder, CEO of The Spur Corporation joins CNBC Africa for more.

Spur cuts dividend first time since listing

Spur cuts dividend first time since listing