Lavastone Ltd 2024 AR2
The report highlights Lavastone Properties' steady progress and resilience in FY 24, achieving a 29.6% growth in turnover and a 37.4% increase in operating profit (excluding land sales). Key milestones include the completion of the C Rodrigues Mourouk hotel and the acquisition of two high-yielding industrial properties in Coromandel and Riche Terre, which supported portfolio diversification. On the sustainability front, the company advanced its decarbonization strategy by conducting a comprehensive carbon footprint assessment and initiating a photovoltaic project at Case Noyale. Additionally, the company maintained its LEED Gold (O+M) certification for the EDITH building and conducted gap analyses for other key assets to align them with green building standards.
Company: Lavastone Ltd
Sector: Real Estate
Country: Mauritius
Year: 2024
Type: AR2
Pages: 85
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Lavastone Ltd
Annual Report
The report highlights Lavastone Properties' steady progress and resilience in FY 24, achieving a 29.6% growth in turnover and a 37.4% increase in operating profit (excluding land sales). Key milestones include the completion of the C Rodrigues Mourouk hotel and the acquisition of two high-yielding industrial properties in Coromandel and Riche Terre, which supported portfolio diversification. On the sustainability front, the company advanced its decarbonization strategy by conducting a comprehensive carbon footprint assessment and initiating a photovoltaic project at Case Noyale. Additionally, the company maintained its LEED Gold (O+M) certification for the EDITH building and conducted gap analyses for other key assets to align them with green building standards.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2023 - Sep 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Women on Board
Women in Management
Employees