Transcription of 2018 INTEGRATED ANNUAL REPORT - tongaat.com
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2018 INTEGRATED ANNUAL REPORT - tongaat.com
INTEGRATED ANNUAL REPORT 201801 2018 INTEGRATED ANNUAL REPORTVALUE CREATION FOR ALL STAKEHOLDERS THROUGH AN ALL-INCLUSIVE APPROACH TO GROWTH AND DEVELOPMENTTONGAAT HULETT02 CONTENTSINTRODUCTION At a glance 2 Salient financial features 3 Investment case 4 Business model 6 Geographic footprint 7 Tongaat Hulett Profile 8 CHAIRMAN S STATEMENT 12 CHIEF EXECUTIVE S REVIEW Strategic positioning and success drivers 14 Financial review 34 Acknowledgements and conclusion 37 SUSTAINABILITY ELEMENTS Human resources 38 Stakeholder relationships 46(including Safety, Health and Environment)Intellectual property 56 Environment 58 ABOUT THIS REPORTT ongaat Hulett endorses the principles of transparency and accountability, and particularly the concomitant commitment to REPORT on the company s performance, strategy and prospects in a manner that is meaningful to all stakeholders.
INTEGRATED ANNUAL REPORT 2018 03 THE RESULTS FOR THE YEAR ENDED MARCH 2018 REFLECTED: • sugar operations were adversely affected by the dynamics of imports into the South African market,
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