Novus Holdings Ltd 2020 IR
The report outlines Novus Holdings Limited's financial, operational, and governance performance for the fiscal year ended March 31, 2020. During a challenging socio-economic period exacerbated by the COVID-19 pandemic, the company focused on right-sizing its print operations, reducing working capital by R293 million, and restructuring its balance sheet. Key developments included the closure of the KwaZulu-Natal print facility and entering an agreement to dispose of the Tissue division to unlock value. The company also maintained its Level Two B-BBEE contributor status.
Company: Novus Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2020
Type: IR
Pages: 113
Back to company
Novus Holdings Ltd
Integrated Annual Report
The report outlines Novus Holdings Limited's financial, operational, and governance performance for the fiscal year ended March 31, 2020. During a challenging socio-economic period exacerbated by the COVID-19 pandemic, the company focused on right-sizing its print operations, reducing working capital by R293 million, and restructuring its balance sheet. Key developments included the closure of the KwaZulu-Natal print facility and entering an agreement to dispose of the Tissue division to unlock value. The company also maintained its Level Two B-BBEE contributor status.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
Jul 31, 2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees