Hudaco Industries Ltd 2011 IR
The report highlights Hudaco Industries' financial and operational performance for the fiscal year ended November 30, 2011. The company achieved a 29% increase in turnover to R3,182 million and a 42% increase in operating profit to R426 million, driven by both organic growth and key acquisitions. Hudaco successfully integrated three new businesses in 2011: Midrand Special Steels, Global Communications, and Pentagon. The company also made progress in its black economic empowerment (BEE) initiatives, appointing its first group executive for transformation and human resources and increasing black representation in senior management. Additionally, Hudaco continued to focus on skills development, investing R3 million in employee training and supporting engineering education.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2011
Type: IR
Pages: 114
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Hudaco Industries Ltd
Integrated Report
The report highlights Hudaco Industries' financial and operational performance for the fiscal year ended November 30, 2011. The company achieved a 29% increase in turnover to R3,182 million and a 42% increase in operating profit to R426 million, driven by both organic growth and key acquisitions. Hudaco successfully integrated three new businesses in 2011: Midrand Special Steels, Global Communications, and Pentagon. The company also made progress in its black economic empowerment (BEE) initiatives, appointing its first group executive for transformation and human resources and increasing black representation in senior management. Additionally, Hudaco continued to focus on skills development, investing R3 million in employee training and supporting engineering education.
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Document Details
Report Year
2011
Reporting Period
Dec 1, 2010 - Nov 30, 2011
Fiscal Year
2011
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees