100 likes | 352 Views
DENEL BUSINESS DEVELOPMENT FOCUS AREAS - 2010. CONSOLIDATED ORDER BOOK as at end August 2010. 2009/2010 TURNOVER PER REGION FOR DENEL & ASSOCIATED COMPANIES. FINANCE HIGHLIGHTS. FINANCIAL TRENDS: 31 MARCH 2010. * Including associates. FINANCIAL TRENDS: 31 MARCH 2010.
E N D
2009/2010 TURNOVER PER REGION FOR DENEL & ASSOCIATED COMPANIES
FINANCIAL TRENDS: 31 MARCH 2010 * Including associates
DENEL’S HIGHLIGHTS Improvement in financial performance Net loss reduced from R1.4bn in 2006 to R246m in 2010 Defence and security business generated profit of R200m from loss of R1.3bn in 2006 Cash burden reduced from R1bn to R416m in 2010 Transformation Level 4 BBBEE rating Living of values through CEO Forums, Top 100 SLS, and SLF’s Improvement in programme management Achieved 91.5% of technical milestones on DoD orders Exemplary performance on A-Darter and Hoefyster programmes International accreditations Improvement in governance and compliance Strengthened risk management and compliance Effective internal audit and clean external audit Introduce high performance culture Management development programme 1400 people trained