End-of-day quote
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|
5-day change | 1st Jan Change | ||
1,355 MWK | 0.00% | 0.00% | +7.55% |
2023 | Illovo Sugar plc Reports Earnings Results for the Full Year Ended August 31, 2023 | CI |
2022 | Illovo Sugar plc Reports Earnings Results for the Full Year Ended August 31, 2022 | CI |
Business Summary
- sugar (97.1%): 264,1 Kt produced in 2022/23;
- other (2.9%): in particular molasses.
At the end of August 2023, the group had 2 production sites located in Malawi.
Net sales are distributed geographically as follows: Malawi (92.3%), Africa (2.8%), the United States (4.4%) and Europe (0.5%).
Number of employees: 4,994
Sales per Business
MWK in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Cane Growing
51.1
%
| 77,553 | 41.6 % | 139,217 | 51.1 % | +79.51% |
Sugar Production
48.9
%
| 109,089 | 58.4 % | 133,240 | 48.9 % | +22.14% |
Sales per region
MWK in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Malawi
92.3
%
| 156,712 | 84.0 % | 251,418 | 92.3 % | +60.43% |
United States
4.4
%
| 3,216 | 1.7 % | 12,096 | 4.4 % | +276.12% |
Africa
2.8
%
| 17,782 | 9.5 % | 7,739 | 2.8 % | -56.48% |
European Union
0.4
%
| 8,932 | 4.8 % | 1,204 | 0.4 % | -86.52% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Lekani Katandula
CEO | Chief Executive Officer | 48 | 15-07-31 |
Kondwani Msimuko
DFI | Director of Finance/CFO | 40 | 21-08-31 |
Compliance Officer | 57 | 17-06-30 | |
Director/Board Member | 35 | 18-07-31 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Ami Mpungwe
BRD | Director/Board Member | 72 | 06-09-30 |
Gavin Dalgleish
BRD | Director/Board Member | 57 | 11-10-31 |
Jimmy Lipunga
CHM | Chairman | 60 | 21-08-18 |
Lekani Katandula
CEO | Chief Executive Officer | 48 | 15-07-31 |
Director/Board Member | 52 | 22-02-21 | |
Ravi Savjani
BRD | Director/Board Member | 35 | 18-05-17 |
Director/Board Member | 35 | 18-07-31 | |
Andre Lubbe
BRD | Director/Board Member | 61 | 20-01-31 |
Kondwani Msimuko
DFI | Director of Finance/CFO | 40 | 21-08-31 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 713,444,000 | 148,430,859 ( 20.80 %) | 0 | 20.80 % |
Company contact information
Sector
Sales per Business
Sales per region
1st Jan change | Capi. | |
---|---|---|
+7.55% | 558M | |
-5.43% | 2.95B | |
-2.46% | 1.95B | |
+1.28% | 1.86B | |
+0.09% | 1.18B | |
-6.89% | 1.12B | |
-1.62% | 959M | |
+3.26% | 934M | |
+1.27% | 807M | |
-1.94% | 792M |
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