Sailing Onwards

In times of uncertainty, we stay the course, making the future our sole compass. Rather than being deterred by short-term challenges, we set our sights on new and promising horizons. We harness the wind to gain momentum, turning each gust into an opportunity to refine our path and adjust our pace towards our destination.

Anchored by our vision for tomorrow, we stay focused on our goals, leveraging our agility, customer-centric approach, and team spirit to create lasting value for ourselves and all our stakeholders. No matter the challenges, we advance with confidence, driven by our strategic vision as we continue Sailing Onwards…

In conversation with our
Chairman.

During the financial year 2024, Velogic reinforced its robust commercial position across its main markets, as illustrated by healthy financials.
Philippe Espitalier-Noël
Chairman

Our One-Stop-Shop Offer

Operational Performance

Cross-Border Logistics
0
Air Freight
(Tons)
Jun 23: 3994
0
Sea Freight
(TEUs)
Jun 23: 10,321
0
Express Courier
(No. of shipments)
Jun 23: 106,287
Landside Logistics
0
Container Storage
(K TEU Days)
Jun 23: 389
0
Container Transport
(No.of Trips)
Jun 23: 68,735
0
Sugar Transportation
(K Tons)
Jun 23: 449
Packing
0
Sugar Packing
(Tons)
Jun 23: 6,365
CEO’s
Report.
Despite market headwinds, the Group demonstrated strong resilience by maintaining revenue levels equivalent to the previous year.
Nayendranath (Vishal) Nunkoo
Chief Executive Officer

Year ended 30 June 2024

Financial Performance

+2%
0 m
Revenue (MUR)
vs 3,378m
+2%
0 m
EBITDA (MUR)
vs 514m
-3%
0 m
PAT (MUR)
vs 222m
-26%
0
Earnings Per Share (MUR)
vs 2.83
+8%
0
NAVPS (MUR)
vs 18.88
+29%
0
Pecentage (%)
vs 5.2

CFIO's
Report.

Whilst uncertainties are likely to persist, we remain optimistic about the opportunities 2025 offers for returning to profit growth. Over the coming months, we will focus on consolidating our position in mature markets and increasing our market share in emerging markets.
Hansraz (Hans) Mulloo
Chief Finance and Investment Officer