Novus Holdings Ltd.JSE: NVS

NVS: Revenue and profit rose, but cash flow was hit by DBE contract timing and new acquisitions

· Issued by Novus Holdings Ltd.

Revenue grew 3.3% to R2,088 million, with improved profitability in Print and strong gains in Education and Packaging. Cash flow was impacted by DBE contract timing, and the Group expanded via acquisitions and a larger Mustek stake.

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