Hudaco Industries Ltd 2016 IR
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2016, during which the company achieved a 5.8% increase in turnover to R5.5 billion and a 6% increase in operating profit to R639 million. Despite a weak economy and volatile exchange rates, Hudaco successfully completed four acquisitions, including MiRO and HERS, which contributed to its strategic diversification. The company also advanced its transformation agenda, with Hudaco Trading achieving a Level 4 B-BBEE status under the new codes. Additionally, Hudaco invested R10.3 million in employee training and granted 78 bursaries to staff and their family members.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2016
Type: IR
Pages: 124
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Hudaco Industries Ltd
Integrated Report
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2016, during which the company achieved a 5.8% increase in turnover to R5.5 billion and a 6% increase in operating profit to R639 million. Despite a weak economy and volatile exchange rates, Hudaco successfully completed four acquisitions, including MiRO and HERS, which contributed to its strategic diversification. The company also advanced its transformation agenda, with Hudaco Trading achieving a Level 4 B-BBEE status under the new codes. Additionally, Hudaco invested R10.3 million in employee training and granted 78 bursaries to staff and their family members.
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Document Details
Report Year
2016
Reporting Period
Dec 1, 2015 - Nov 30, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees