Grindrod Ltd 2016 IR
The report outlines Grindrod Limited's financial and operational performance for the 2016 fiscal year, highlighting its strategic restructuring amid depressed global commodity and shipping markets. Key developments included the decision to exit the rail-manufacturing business and the completion of the Maputo Port dredging project to accommodate panamax vessels. Despite reporting an attributable loss of R1.91 billion due to market challenges and impairments, the group remained cash-generative at the operating level. The company also advanced its sustainability goals under its Vision 2020 manifesto, achieving a reduction in its lost-time injury frequency rate and maintaining its inclusion in the FTSE/JSE Responsible Investment Top 30 Index.
Company: Grindrod Ltd
Sector: Transport & logistics
Country: South Africa
Year: 2016
Type: IR
Pages: 107
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Grindrod Ltd
Integrated Annual Report
The report outlines Grindrod Limited's financial and operational performance for the 2016 fiscal year, highlighting its strategic restructuring amid depressed global commodity and shipping markets. Key developments included the decision to exit the rail-manufacturing business and the completion of the Maputo Port dredging project to accommodate panamax vessels. Despite reporting an attributable loss of R1.91 billion due to market challenges and impairments, the group remained cash-generative at the operating level. The company also advanced its sustainability goals under its Vision 2020 manifesto, achieving a reduction in its lost-time injury frequency rate and maintaining its inclusion in the FTSE/JSE Responsible Investment Top 30 Index.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 1, 2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees