Brait PLC 2021 IR
The report details Brait's performance and strategic progress for the fiscal year ended March 31, 2021. Despite the severe impact of the COVID-19 pandemic on portfolio companies like Virgin Active and New Look, Brait achieved significant de-gearing of R5.0 billion and received R3.0 billion in cash inflows from its portfolio. Premier delivered a strong operational performance with a 14% increase in EBITDA and completed the acquisition of Mister Sweet. Brait also successfully completed the realization of Iceland Foods and DGB, while implementing substantial cost-saving measures at the group level.
Company: Brait PLC
Sector: Financials
Country: Mauritius
Year: 2021
Type: IR
Pages: 158
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Brait PLC
Integrated Annual Report
The report details Brait's performance and strategic progress for the fiscal year ended March 31, 2021. Despite the severe impact of the COVID-19 pandemic on portfolio companies like Virgin Active and New Look, Brait achieved significant de-gearing of R5.0 billion and received R3.0 billion in cash inflows from its portfolio. Premier delivered a strong operational performance with a 14% increase in EBITDA and completed the acquisition of Mister Sweet. Brait also successfully completed the realization of Iceland Foods and DGB, while implementing substantial cost-saving measures at the group level.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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