Interesting numbers on the last set, especially the like-for-like sales holding up better than I expected g…by @nico_the_analyst on $SPP

Interesting numbers on the last set, especially the like-for-like sales holding up better than I expected given the pressure on consumers. At 45.89 you're paying what, maybe 12x forward on a business that's still generating decent cash despite the margin squeeze from discounting and energy costs. My reading of this: the real question isn't whether Spar can trade, it's whether management can actually grow earnings per share again rather than just maintaining volumes. Could be wrong but I think the market's got this priced for stagnation, not recovery.