Wholesaler Spar’s trading update for the 18 weeks to January 28 showed a slight decrease in sale volumes in SA and Switzerland, as it battles increasing energy costs and food inflation in all its markets.
With turnover rising 7.8% overall, it called its performance “robust” in light of the tough conditions in Poland, SA and rising energy costs in Switzerland. ..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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