IBL Ltd 2016 AR2
The report outlines the landmark amalgamation of GML Investissement Ltée and Ireland Blyth Limited to form IBL Ltd, creating the largest conglomerate in Mauritius (excluding financial institutions) by market capitalization. For the fiscal year ended June 30, 2016, the Group achieved positive financial growth, with revenues increasing by 8% to Rs 31 billion and operational profit rising by 14% to Rs 2.3 billion. In addition to financial performance, the report highlights the merger of the IBL Foundation and GML Fondation Joseph Lagesse into the new Fondation Joseph Lagesse, which focuses on education, community development, healthcare, and environmental sustainability. The company also emphasizes its transition toward a human capital approach and its commitment to developing a comprehensive sustainable development strategy.
Company: IBL Ltd
Sector: Financials
Country: Mauritius
Year: 2016
Type: AR2
Pages: 268
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IBL Ltd
Annual Report
The report outlines the landmark amalgamation of GML Investissement Ltée and Ireland Blyth Limited to form IBL Ltd, creating the largest conglomerate in Mauritius (excluding financial institutions) by market capitalization. For the fiscal year ended June 30, 2016, the Group achieved positive financial growth, with revenues increasing by 8% to Rs 31 billion and operational profit rising by 14% to Rs 2.3 billion. In addition to financial performance, the report highlights the merger of the IBL Foundation and GML Fondation Joseph Lagesse into the new Fondation Joseph Lagesse, which focuses on education, community development, healthcare, and environmental sustainability. The company also emphasizes its transition toward a human capital approach and its commitment to developing a comprehensive sustainable development strategy.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Published
Nov 11, 2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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