Tongaat Hulett is an agriculture and agri-processing business, focusing on the complementary feedstocks of sugarcane and maize.
Through its sugar and starch operations, Tongaat Hulett produces a range of refined carbohydrate products from sugarcane and maize, with many products being interchangeable. The business’s sugar operations are well placed to benefit from evolving dynamics of renewable electricity and ethanol in the SADC region. Its ongoing activities in agriculture have resulted in the company having a substantial land portfolio within the primary growth corridors of KwaZulu-Natal. A core element of Tongaat Hulett’s strategic vision is to maximise the value generated from the conversion of land in the portfolio by responding to key demand drivers, identifying its optimal end use for all stakeholders and the investment in developing the land platform, which underpins the pipeline of shovel-ready land.

Tongaat Hulett regards its constructive interfaces with governments and society to be significant.

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Geographical Presence

Location of our operations

Tongaat Hulett has some 38 221 employees (peak milling season)
working at 27 locations in six countries, South Africa, Botswana, Namibia, Swaziland, Mozambique and Zimbabwe.

Results Announcement - year ended 31 March 2018

  • Revenue of R16,982 billion (2017: R17,915 billion) ‑5,2%
  • Operating profit of R1,958 billion (2017: R2,333 billion) ‑16,1%
  • Headline earnings of R617 million (2017: R982 million) ‑37,2%
  • Operating cash flow (after working capital) of R2,275 billion (2017: R3,176 billion) ‑28,4%
  • Annual dividend of 160 cents per share (2017: 300 cents per share)

Creating value through land development in KwaZulu-Natal

Comprehensive information - May 2018

Comprehensive information for the Investment Community on Tongaat Hulett at the time of releasing the 2017/18 year end results