Hudaco Industries Ltd 2018 IR
The report outlines Hudaco's financial and sustainability performance for the fiscal year ended November 30, 2018. Despite a challenging economic environment and a technical recession in South Africa, the company increased its turnover by 8% to R6.4 billion, while operating profit decreased by 3% to R655 million. Key achievements included maintaining a Level 3 BEE rating, investing R11.8 million in employee training, and continuing its strategic diversification through the acquisitions of Boltworld and Secequip. On the environmental front, Hudaco progressed its ISO 14001 certification roadmap and appointed a new group SHEQ manager to enhance environmental risk management.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2018
Type: IR
Pages: 136
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Hudaco Industries Ltd
Integrated Report
The report outlines Hudaco's financial and sustainability performance for the fiscal year ended November 30, 2018. Despite a challenging economic environment and a technical recession in South Africa, the company increased its turnover by 8% to R6.4 billion, while operating profit decreased by 3% to R655 million. Key achievements included maintaining a Level 3 BEE rating, investing R11.8 million in employee training, and continuing its strategic diversification through the acquisitions of Boltworld and Secequip. On the environmental front, Hudaco progressed its ISO 14001 certification roadmap and appointed a new group SHEQ manager to enhance environmental risk management.
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Document Details
Report Year
2018
Reporting Period
Dec 1, 2017 - Nov 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees