Blue Label Telecoms Ltd 2024 IR
The report highlights Blue Label Telecoms' performance for the financial year ended 31 May 2024, during which the company achieved an effective revenue growth of 16% to R89.3 billion, driven by PINless top-ups, prepaid electricity, ticketing, and universal vouchers. Despite challenging economic conditions and load shedding, the company improved its gross profit margin to 22.57%. Key developments included the ongoing turnaround of Cell C, achieving ISO 27001:2022 certification for information security, and maintaining a Level 4 B-BBEE status. The company also advanced its social impact through the U-Belong job creation project and community solar initiatives.
Company: Blue Label Telecoms Ltd
Sector: Communication Services
Country: South Africa
Year: 2024
Type: IR
Pages: 150
Blue Label Telecoms Ltd
Integrated Annual Report
The report highlights Blue Label Telecoms' performance for the financial year ended 31 May 2024, during which the company achieved an effective revenue growth of 16% to R89.3 billion, driven by PINless top-ups, prepaid electricity, ticketing, and universal vouchers. Despite challenging economic conditions and load shedding, the company improved its gross profit margin to 22.57%. Key developments included the ongoing turnaround of Cell C, achieving ISO 27001:2022 certification for information security, and maintaining a Level 4 B-BBEE status. The company also advanced its social impact through the U-Belong job creation project and community solar initiatives.
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Document Details
Report Year
2024
Reporting Period
Jun 1, 2023 - May 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees