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Spar Group Results - Angelo Swart, CEO of Spar Group

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SPAR's continued although the operating settings were difficult, SPAR's ongoing operations had a mixed performance. The Group's ongoing operations in South Africa, Ireland, South West England, and Switzerland had a 7.9% growth in turnover, amounting to R77.2 billion. Inflationary cost pressures and persistently high interest rates have put strain on businesses and consumers alike in all regions. Considering the difficult operating conditions, continuing operations produced a mixed performance. The Group's ongoing operations in South Africa, Ireland, South West England, and Switzerland had a 7.9% growth in turnover, amounting to R77.2 billion. Inflationary cost pressures and persistently increasing interest rates have put pressure on businesses and consumers alike in all regions. Angelo Swart, CEO of Spar Group, talks with host Bruce Whitfield to provide further information.

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