The Rogers Group has performed well for the year ending June 30, 2022. These results are attributable in particular to the successful relaunch of the operations of its ‘Hospitality’ division. The other divisions, FinTech, Logistics and Property, also performed well. The Group’s revenues increased by 43% to MUR 10.713 million (2021: MUR 7.518 million). Its profitability, for its part, amounts to MUR 1,780 M against MUR 614 M of losses in 2021. A performance driven by the resilience of the Group’s teams.
Rogers Group has achieved its objectives, as demonstrated by its results for the fiscal year ending June 30, 2022. Two years after the pandemic, these results attest to the Group’s resilience and confirm its strategic direction of diversification as Rogers announces a profitability of MUR 1,780 M (2021: losses of MUR 614 M).
“The mobilization of our teams behind the priority subjects and the consolidation of the know-how of our talents has brought this very good result. The recovery of the tourism sector and the resilience of the Group’s operations have contributed to this positive result,” said Philippe Espitalier-Noël, CEO of the Rogers Group.
With a 43% increase in revenue to MUR 10,713 M from MUR 7,518 M in 2021, this result confirms the strong recovery already noted in the Group for the first half of fiscal year 2022. This performance has enabled Rogers to make a dividend distribution of MUR 0.91 per share (2021: MUR 0.60 per share).
“We continue to deploy our development strategy based on the 3Ps principle – Prosperity, People and Planet. Climate issues will significantly impact our current models in the short, medium and long term. Rogers’ performance is on track. We continue to focus our efforts on our social and environmental impact, which is essential to the development and sustainability of the company and the people who work there, as well as to our nation and the environment in which we operate,” concluded Philippe Espitalier-Noël.
