Novus Holdings Ltd 2023 IR
The report details Novus Holdings Limited's financial and operational performance for the fiscal year ended March 31, 2023. A key highlight of the year was the successful acquisition of a 75% stake in Maskew Miller Learning Proprietary Limited, allowing the Group to diversify into the educational content sector. Despite navigating a challenging macroeconomic environment with supply chain disruptions and power outages, the Group achieved a Level Two B-BBEE contributor status and generated R3,196 million in revenue. Additionally, the Group invested in sustainability initiatives, including a solar power installation at its Montague Gardens facility to mitigate the impact of load shedding.
Company: Novus Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2023
Type: IR
Pages: 53
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Novus Holdings Ltd
Integrated Annual Report
The report details Novus Holdings Limited's financial and operational performance for the fiscal year ended March 31, 2023. A key highlight of the year was the successful acquisition of a 75% stake in Maskew Miller Learning Proprietary Limited, allowing the Group to diversify into the educational content sector. Despite navigating a challenging macroeconomic environment with supply chain disruptions and power outages, the Group achieved a Level Two B-BBEE contributor status and generated R3,196 million in revenue. Additionally, the Group invested in sustainability initiatives, including a solar power installation at its Montague Gardens facility to mitigate the impact of load shedding.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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