WBHO INTEGRATED REPORT 2011
CHAIRMAN’S REPORT   CHIEF EXECUTIVE OFFICER’S REPORT   CHIEF FINANCIAL OFFICER’S REPORT   DOWNLOADS
     
As chairman of WBHO I am pleased to introduce our first integrated report, the objective of which is to provide our stakeholders with an integrated view of our economic, social and environmental performance of the Group...   Following a decrease in order books towards the end of FY2010 and without the cushioning effects of World Cup revenue and margin streams, we expected to feel the full the impact of the global financial crisis in our industry this year...   This year the group performed well to maintain its revenue at R14,8 billion which is only 2,9% down year-onyear from R15,2 billion in FY2010. Margin pressures within the industry resulted in a decrease in operating profit before non-trading items of 14,5%...  
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