100% employees across all businesses retained
100% salaries
maintained
Invested MUR 4.7M in training & skills development
75% Group Employee Engagement Score
Total Revenue
Total assets
Return on capital employed
Operating profit
Reduced consumption of
water by 40%
Reduced consumption of
paper by 28%
Reduced consumption of
fuel by 19.6%
Distributed food to 1,050 families
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Dear Shareholders,
In early 2020, the COVID-19 pandemic brought untold hardships to the world. Its spread plunged the globe in a deep recession and has changed economies and societies in fundamental ways. Countries and businesses were under enormous pressure to act quickly and decisively, despite having little information to guide their decisions.
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"Having time to reflect on the past year, I feel pride above all else. Even under the circumstances, we were quick to reassess our business models and strategies, aknowledge where we fall short and undertake bold measures unconstrained by the past or by established practices."
Much like the rest of the world, our country and Group’s financial year 2020 was dominated by the direct and indirect impacts of COVID-19. As an organisation operating in five distinct industries, our businesses were exposed to a host of challenging market conditions, shaped by the consumer, economic, cultural and social trends resulting from the pandemic.
During the mandatory lockdown periods, movements were restricted and activities slowed down, leading to an impressive reduction in air, noise and water pollution in cities across the world. This made it abundantly clear that environmental degradation is driven by our current economic systems.