SPUR CORP. LIMITED INTEGRATED REPORT 2014

group profile

Investment case

Spur Corporation offers investors exposure to three of South Africa’s largest and well-established family sit-down restaurant chains – Spur Steak Ranches, Panarottis and John Dory’s. These restaurant chains cover the most popular food formats and serve the fast-growing middle class in South Africa. Captain DoRegos extends the group’s franchise interests into the lower LSM (”living standards measure”) sector and fast-food market while the recent acquisition of The Hussar Grill adds an upmarket steakhouse chain to the group’s brand portfolio.

The group has demonstrated consistently strong organic revenue and operating profit growth, efficient capital management and a stable dividend policy.