PERFORMANCE OVERVIEW

LEADERSHIP REPORTS

WHY INVEST IN SPUR CORP

The group provides shareholders with a sustainable return on investment through a rigorous focus on capital efficiency and strategy execution that takes a long-term view.

OUR STAKEHOLDERS

Spur Corporation’s stakeholders are those individuals or groups that can affect or be affected by the group’s actions, objectives and policies.

VISION 2023 STRATEGY

Based on engagement with stakeholders, operating environment research and key business drivers, the group identified the main challenges the strategy needs to address to meet the strategic objectives.

OUR BRANDS

Spur Corporation’s restaurants serve a full range of customers and offer consistent value at multiple price points.

KEY BUSINESS DRIVERS

The following key drivers impact Spur Corporation’s performance and sustainability. They can significantly influence the group’s ability to create sustainable value and meet strategic objectives.

OPERATIONS ENVIRONMENT

Although the group’s trading environment is not an easy one to navigate, the group is confident that its depth of experience will assist it to unlock long-term opportunities in the markets in which it operates.

OPERATIONAL REPORTS

Mark Farrelly – Chief Operating Officer

“Franchisee profitability is critical to our sustainability and improving operational efficiencies is a constant effort. Our experienced operations management teams are equipped with the necessary knowledge and expertise to assist our franchisees on delivering on our customers’ expectations.”

Spur Steak Ranches

We rigorously implemented the strategic priorities, resulting in a 2% to 3% increase in franchisee profitability.

Pizza and Pasta

Our focus for 2019 was to create a solid foundation for escalated growth over the next five years.

John Dory’s

Restaurant turnover, franchise revenue and operating profit increased year-on-year, while operating profit margin was slightly down.

The Hussar Grill

We saw excellent restaurant turnover and franchise revenue growth, mostly due to the continued loyalty and resilience of our guests.

RocoMamas

Restaurant turnover growth slowed due to the tough trading economy. However, we aim to grow turnover through marketing activations and community involvement.

Nikos Coalgrill Greek

In just over two years, the Nikos brand has grown to nine restaurants. Further growth will be balanced with appropriate controls to increase profitability.

MANUFACTURING AND DISTRIBUTION

Revenue for the division increased by 8.4%, while operating profit increased by 20.2%.

international

2019 was a strong year for growth in Africa (including Mauritius) and the Middle East, while restaurant turnovers in Australia and New Zealand were down year on year.

CASE STUDIES

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