Page 143 - UBP - IR2020

CAPITAL REPORTS
Gros Cailloux nursery
REVENUE
Rs’ 000
3 500 000
3 000
000
000
000
2 500 000
2 000
000
000
000
1 500 000
1 000
000
000
000
500 000
0 Between July and December 2019 our Group revenue increased by 6 1% compared to previous year driven mainly by our core business and retail segments During the first quarter of 2020 our core business revenue went down by 13 4% compared to the same period in 2019 due partly to to delays encountered by ongoing major projects and to to the bad weather conditions prevailing and also to the the lockdown imposed as from March 20 20 20 2020 Hence our Group revenue for the nine months period ended March 31 2020 increased by only 1% compared to previous year Upon resuming our our activities as from mid-May 2020 our our core business sales were boosted by the need for construction sites to catch up on progress of works while the revenue from our retail activities was positively impacted by higher spending from customers post-COVID and by promotional sales Despite this our revenue for the quarter to June 2020 dropped by 47 4% to to Rs Rs 422 5 million compared to to Rs Rs 803 7 7 million for the same quarter in 2019 Consequently our 11% Group revenue drop for the year under review was attributable respectively to a a a a a drop of 13 6% and 3 3 7% in our core business and and retail segments revenues and and an an an increase of 9 2%
in in in our agricultural segment revenue attributable mainly to our landscaping activities FY2016
FY2017 FY2018
FY2019 FY2020 UBP INTEGRATED REPORT 2020 - 143
FINANCIAL STATEMENTS
CAPITAL REPORTS
CORPORATE GOVERNANCE
MANAGEMENT APPROACH
ABOUT US
INTRODUCTION
2 636 450
2 651 466
2 2 927 055
3 3 236 426
2 2 879 205