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National Number: 0861 GO HUGE
Huge Group Integrated Report R2018

In a challenging year, Huge has sought to balance its growth aspirations with cash generation, positioning itself for longer term growth, while also delivering earnings growth. This has enabled Huge to declare a dividend of 12.5 cents per share.

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Huge experienced a year of solid gains, while also enhancing its management team and concluding bolt-on acquisitions and empowerment transactions. Despite challenges, the Group ended the year in a pleasing position for future successes.

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Despite the prevailing negative local economic environment, personnel changes and a demanding M&A environment, the Group produced satisfying revenue growth, maintained healthy gross profit margins, increased cash flows and enhanced returns to shareholders.

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While Huge has, like many South African companies, been impacted by the tough local economic environment in the year ending February 2019, Huge has produced growth in earnings, declared a dividend, taken on a new CFO and COO, completed two bolt-on acquisitions and finalised a B-BBEE transaction.

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