Spur’s profit nearly triples as Western Cape tourism boosts sales

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The owner of RocoMamas, the Hussar Grill and John Dory’s also saw strong growth in high-traffic national locations

The profit of the restaurant group Spur, the owner of RocoMamas, the Hussar Grill and John Dory¦s, nearly tripled on the back of greater sales, boosted in particular by tourism in the Western Cape.

The company, valued at R2.14bn on the JSE, reported that profit soared 182.9% year on year to R117.1m in its half-year results to end-December as group revenue increased 35% to R1.5bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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Spur’s profit nearly triples as Western Cape tourism boosts salesThe owner of RocoMamas, the Hussar Grill and John Dory’s also saw strong growth in high-traffic national locations
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