Spur Corp Ltd 2020 IR
The report details Spur Corporation's financial and operational performance for the 2020 fiscal year, highlighting the severe impact of the COVID-19 pandemic on its global restaurant operations. To support its franchisees during lockdowns, the company discounted franchise and marketing fees and deferred dividend payments to preserve cash. Spur Corporation also launched its first virtual, delivery-only brands to capitalize on the growing home consumption trend. Despite the challenging environment, the group maintained an ungeared balance sheet with no external borrowings and continued its social investments through the Full Tummy Fund.
Company: Spur Corp Ltd
Sector: Hospitality & food services
Country: South Africa
Year: 2020
Type: IR
Pages: 91
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Spur Corp Ltd
Integrated Report
The report details Spur Corporation's financial and operational performance for the 2020 fiscal year, highlighting the severe impact of the COVID-19 pandemic on its global restaurant operations. To support its franchisees during lockdowns, the company discounted franchise and marketing fees and deferred dividend payments to preserve cash. Spur Corporation also launched its first virtual, delivery-only brands to capitalize on the growing home consumption trend. Despite the challenging environment, the group maintained an ungeared balance sheet with no external borrowings and continued its social investments through the Full Tummy Fund.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board