Hudaco Industries Ltd 2014 IR
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2014, during which the company achieved a 14% increase in sales to R4.5 billion despite severe impacts from mining and manufacturing strikes. Key developments included the settlement of a long-running tax dispute with SARS for R312 million and the acquisition of Partquip for R550 million. The company also expanded its footprint in Africa, with sales into the region growing by 39%. Additionally, Hudaco continued its commitment to transformation and skills development, granting 60 bursaries to staff and family members.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2014
Type: IR
Pages: 120
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Hudaco Industries Ltd
Integrated Report
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2014, during which the company achieved a 14% increase in sales to R4.5 billion despite severe impacts from mining and manufacturing strikes. Key developments included the settlement of a long-running tax dispute with SARS for R312 million and the acquisition of Partquip for R550 million. The company also expanded its footprint in Africa, with sales into the region growing by 39%. Additionally, Hudaco continued its commitment to transformation and skills development, granting 60 bursaries to staff and family members.
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Document Details
Report Year
2014
Reporting Period
Dec 1, 2013 - Nov 30, 2014
Fiscal Year
2014
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