You can use a split function... though your values shouldn't be stored like this in the first place.
declare @table table (col1 varchar(256))
insert into @table
values
('Value1 - Value2: Value3 - Value4: Value5 - Value6:')
select
ReturnVal = replace(ltrim(left(Item,charindex('-',Item))),'-',':')
from
@table
cross apply dbo.DelimitedSplit8K(col1,':')
where
Item <> ''
RETURNS
+-----------+
| ReturnVal |
+-----------+
| Value1 : |
| Value3 : |
| Value5 : |
+-----------+
Or, an ugly hack to get it back how you want it
select distinct
--ReturnVal = replace(ltrim(left(Item,charindex('-',Item))),'-',':')
ReturnVal = 'V' + STUFF((
SELECT replace(left(Item,charindex('-',Item)),'-',':')
FROM
@table
cross apply dbo.DelimitedSplit8K(col1,':')
FOR XML PATH(''), TYPE).value('.', 'NVARCHAR(MAX)'), 1, 1, '')
from
@table
cross apply dbo.DelimitedSplit8K(col1,':')
where
Item <> ''
RETURNS
ReturnVal
Value1 : Value3 : Value5 :
JEFF MODEN SPLITTER
CREATE FUNCTION [dbo].[DelimitedSplit8K] (@pString VARCHAR(8000), @pDelimiter CHAR(1))
--WARNING!!! DO NOT USE MAX DATA-TYPES HERE! IT WILL KILL PERFORMANCE!
RETURNS TABLE WITH SCHEMABINDING AS
RETURN
/* "Inline" CTE Driven "Tally Table" produces values from 1 up to 10,000...
enough to cover VARCHAR(8000)*/
WITH E1(N) AS (
SELECT 1 UNION ALL SELECT 1 UNION ALL SELECT 1 UNION ALL
SELECT 1 UNION ALL SELECT 1 UNION ALL SELECT 1 UNION ALL
SELECT 1 UNION ALL SELECT 1 UNION ALL SELECT 1 UNION ALL SELECT 1
), --10E+1 or 10 rows
E2(N) AS (SELECT 1 FROM E1 a, E1 b), --10E+2 or 100 rows
E4(N) AS (SELECT 1 FROM E2 a, E2 b), --10E+4 or 10,000 rows max
cteTally(N) AS (--==== This provides the "base" CTE and limits the number of rows right up front
-- for both a performance gain and prevention of accidental "overruns"
SELECT TOP (ISNULL(DATALENGTH(@pString),0)) ROW_NUMBER() OVER (ORDER BY (SELECT NULL)) FROM E4
),
cteStart(N1) AS (--==== This returns N+1 (starting position of each "element" just once for each delimiter)
SELECT 1 UNION ALL
SELECT t.N+1 FROM cteTally t WHERE SUBSTRING(@pString,t.N,1) = @pDelimiter
),
cteLen(N1,L1) AS(--==== Return start and length (for use in substring)
SELECT s.N1,
ISNULL(NULLIF(CHARINDEX(@pDelimiter,@pString,s.N1),0)-s.N1,8000)
FROM cteStart s
)
--===== Do the actual split. The ISNULL/NULLIF combo handles the length for the final element when no delimiter is found.
SELECT ItemNumber = ROW_NUMBER() OVER(ORDER BY l.N1),
Item = SUBSTRING(@pString, l.N1, l.L1)
FROM cteLen l
;
GO