Spur has seen a substantial rise in profit and revenue, as it expands into a new market.
Listed food and restaurant group Spur has seen a substantial increase in profits and sales in the first half of the year.
“Although economic conditions remain challenging in the face of higher inflation and severe pressure on consumer disposable income, the group’s business model continues to demonstrate its resilience,” the group said. “In this constrained consumer trading environment, the group accelerated its marketing activity and amplified brand awareness with value-added campaigns, engaging sponsorship activity and outdoor exposure that resulted in an increase in restaurant foot count of 13%,” the group said.
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