Spar expects HEPS from continuing operations down between 50% and 60%, to between 174c and 217c. Group wholesale revenue from continuing operations increased 2.1%, with Southern Africa up 1.7% and Ireland up 2.2% in euro terms. Earnings were hurt by margin pressure, elevated Black Friday promotional spending, weaker profitability in KwaZulu Natal, higher debtor provisions and R128m of asset impairments.
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