Novus Holdings Ltd 2018 IR
The report outlines Novus Holdings' financial and operational performance for the fiscal year ended March 31, 2018, highlighting its strategic transition toward revenue diversification. During the year, the company acquired ITB Plastics to expand its packaging division and completed its tissue expansion project. Despite facing structural declines in the traditional print industry and renegotiating key agreements with Media24, the company maintained a strong balance sheet with low gearing of 4.1%. Additionally, the group continued its commitment to sustainability, tracking its carbon footprint, water usage, and investing in community education projects.
Company: Novus Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2018
Type: IR
Pages: 157
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Novus Holdings Ltd
Integrated Annual Report
The report outlines Novus Holdings' financial and operational performance for the fiscal year ended March 31, 2018, highlighting its strategic transition toward revenue diversification. During the year, the company acquired ITB Plastics to expand its packaging division and completed its tissue expansion project. Despite facing structural declines in the traditional print industry and renegotiating key agreements with Media24, the company maintained a strong balance sheet with low gearing of 4.1%. Additionally, the group continued its commitment to sustainability, tracking its carbon footprint, water usage, and investing in community education projects.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Published
Jun 20, 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
Water Consumption
Women on Board
Employees