Johannesburg-listed The Spar Group, which fully acquired BWG about four years ago, released its results for its 2025 financial year last week. The Irish business recorded revenue of over €1.74bn and pre-tax profit of almost €48.1m.

Angelo Swartz, group CEO of The Spar Group, said Ireland continues “to validate the strength of the independent retailer model”.

“The takeaway is this, Ireland is not dependent on a single lever,” he said. “Its resilience comes from channel diversity, disciplined pricing, and a strong network of retailers.

“At an operational level, the recovery in the second half was meaningful. Retail performance improved with food inflation normalising and strong summer weather.”

Moegamat Reeza Isaacs, group chief financial officer at The Spar Group, said the Irish conveni

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