
Welcome to
The SPAR Group Limited
INTEGRATED ANNUAL REPORT 2017
Our holistic feedback to stakeholders about the group’s performance for the financial year from 1 October 2016 to 30 September 2017. This report forms part of a set of reporting elements that provides you with an overview of how we create value and govern our culture and performance while delivering on our strategy and future prospects.
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SPAR is a warehousing and distribution business headquartered in Durban, South Africa.
We have been operating in Southern Africa for over five decades. Since 2011, we have expanded
into Ireland (including South West England) and Switzerland.

Who we are
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Since listing on the JSE in 2004, the group has shown growth in earnings, dividends and value per share.

WHY INVEST IN SPAR?
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The SPAR Group’s 2017 financial results are evidence of our ability to weather economic and trading storms of all kinds due to strong retail relationships, value-added buying power and efficiencies gained in all aspects of our operations.

Reports from our leaders

We are committed to understanding and responding to the interests and expectations of our stakeholders to be able to create authentic shared value for all.

OUR MATERIAL
RELATIONSHIPS
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The SPAR strategy articulates the key imperatives and enablers required to deliver on the group’s outcomes and vision of being the ‘First-choice brands in the communities we serve’.

Our strategy, business model and sustainability
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We serve licenced SPAR retailers in South Africa and neighbouring countries through our seven distribution centres, which contract with more than 5 000 suppliers and service providers to offer more than 1 300 SPAR branded products to consumers.

FOCUS ON
SOUTH AFRICA
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SPAR operates in Ireland through its ownership of BWG Group – the market leader in convenience retail in Ireland – and in South West England, through Appleby Westward.

FOCUS
ON IRELAND
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SPAR Switzerland has a multi-brand retail strategy in German-speaking Switzerland, serving corporate and independent retailer stores under the SPAR banner.

FOCUS
ON SWITZERLAND
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The board is the custodian of corporate governance and plays a prominent role in the strategic
development, risk management and sustainability processes of the group.

OUR GOVERNANCE
approach
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We aim to provide our readers with a broad understanding of the group’s past performance in the context of the external environment, demonstrated through a wide range of activities, interactions and relationships. This should enable you to gauge the prospects and future trajectory of SPAR’s value creation abilities.

Our reporting
approach
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We encourage all our shareholders to attend the annual general meeting of The SPAR Group Ltd.

NOTICE OF ANNUAL GENERAL MEETING
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