Hudaco Industries Ltd 2024 IR
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2024. Despite economic pressure and supply chain challenges, the company maintained an operating profit of over R1 billion and generated R1.5 billion in cash from operations. Hudaco successfully integrated the acquisitions of Brigit Fire and Plasti-Weld, which enhanced its engineering consumables segment. The company also made significant progress in reducing inventory in its alternative energy businesses and distributed R12 million to black employees through BEE Trusts.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2024
Type: IR
Pages: 153
Hudaco Industries Ltd
The report highlights Hudaco Industries' performance for the fiscal year ended November 30, 2024. Despite economic pressure and supply chain challenges, the company maintained an operating profit of over R1 billion and generated R1.5 billion in cash from operations. Hudaco successfully integrated the acquisitions of Brigit Fire and Plasti-Weld, which enhanced its engineering consumables segment. The company also made significant progress in reducing inventory in its alternative energy businesses and distributed R12 million to black employees through BEE Trusts.
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Document Details
Report Year
2024
Reporting Period
Dec 1, 2023 - Nov 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees