SUR 201507220010A
Sales update for the year ended 30 June 2015
Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE 000022653
(“Spur Corporation” or “the group”)
SALES UPDATE FOR THE YEAR ENDED 30 JUNE 2015
Spur Corporation increased total restaurant sales by 12.1% to R6.2 billion in the
year to June 2015, with sales from existing restaurants increasing by 7.8%.
Restaurant sales in South Africa grew by 11.3%, while sales from international
restaurants increased by 18.6% in Rand terms. Applying a constant exchange
rate, international restaurant sales increased by 12.1%.
Growth in restaurant sales for the year ended 30 June 2015
Total restaurant Existing
sales restaurant sales
(% change) (% change)
Spur Steak Ranches 9.0 7.3
Panarottis Pizza Pasta 25.4 15.8
John Dory’s Fish Grill Sushi 12.0 5.7
Captain DoRegos (13.2) (20.2)
Total South African operations* 11.3 7.6
Total international operations 18.6 9.3
Total group* 12.1 7.8
* Includes sales for the recently acquired chains, The Hussar Grill and
RocoMamas, which did not trade in the group for the full current and previous
financial years.
The group opened 44 outlets in South Africa and eight internationally, including
the first Spur RBW (Ribs Burgers Wings) company-owned store in Corby in the
UK in June 2015.
At 30 June 2015, the group’s restaurant base comprised 522 (2014: 490) outlets,
58 (2014: 52) of which operate outside of South Africa.
The financial information in this sales update has not been reviewed or reported
on by the group’s independent auditor. Spur Corporation’s annual results for the
year ended 30 June 2015 will be released on SENS on 10 September 2015.
Cape Town
22 July 2015
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
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